Federal Regulation
Get the latest news and insights on regulatory developments affecting financial advisors and the stock market and trading, including news about the SEC, DOL, IRS and the Financial Industry Regulatory Authority.
What’s Next for IRS and Tax Planning? Commissioner’s Remarks Offer Some Hints
By Richard Niles, J.D.Douglas Shulmans farewell speech at AICPA conference suggests what advisors and clients may expect from the IRS in the near future.
November 13, 2012
DOL Slams Ivy Asset Management in $210 Million Madoff SettlementThe DOL announced a settlement with Ivy Asset Management, a unit of the Bank of New York Mellon, in which Ivy will pay $210 million to compensate investors who suffered losses in Bernie Madoffs Ponzi scheme.
November 09, 2012
To Thwart SRO Bill, Coalition Is Pressing for Senate User Fees BillNystrom of NAPFA: the Financial Planning Coalition is 'seeing where our strengths are' in the Senate to ensure a user fees bill gets introduced in 2013.
November 09, 2012
FINRA Enforcement Roundup: Hudson Valley CEO Barred Over Sneaky Day Trading, FraudMark Gillis, the CEO of New York-based Hudson Valley Capital Management, was barred and his company expelled from the securities industry for defrauding its clearing firm and customers.
November 08, 2012
IRS Speeds New Charity Exemptions for Hurricane ReliefThe Treasury Department and the IRS on Wednesday announced an expedited review and approval process for organizations requesting tax-exempt status in order to assist people affected by Hurricane Sandy.
November 07, 2012
Disability Insurance Observer: PresenceMaybe helping workers give away the cash value of their leave will become an industry.
November 06, 2012
Time to fill the void in regulation of structured settlement brokersExperts disagree as to whether states should impose requirements regarding disclosure of compensation and potential conflicts of interest.
November 05, 2012
Potomac Watch: Thrifty RegulationInsurance companies which operate savings and loans should not be surprised that federal regulators are proposing to use different metrics than they are currently using to oversee them as their consolidated regulator.