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.
MassMutual comments on thrift regulation
By Elizabeth D. FestaThe insurer is still waiting to hear from the Federal Reserve Board on its application to deregister its trust company.
October 19, 2012
IRS Raises 401(k) Contribution LimitsWhile an extra $500 a year might not sound like much, compounding interest over a 20- or 30- year period could result in a sizable sum.
October 19, 2012
Schapiro SEC reign nearing end with rescue mission unfinishedAs head of the U.S. Securities and Exchange Commission, Mary Schapiro's first order of business was to prevent the commission's demise.
October 19, 2012
SEC’s Aguilar Calls for Harsher Penalties Against Repeat FraudstersThe SEC must re-evaluate the strength of its initial settlements and specifically design a program to combat repeat fraudsters, SEC Commissioner Luis Aguilar said.
October 19, 2012
SEC, FINRA Enforcement Roundup: Former Billion-Dollar Hedge Fund Advisory Firm, Execs SlappedCitigroup, Merrill Lynch and Natixis were among those sanctioned by the SEC and FINRA this week.
October 18, 2012
ERISA Gurus Reish, Campbell Urge DOL to Create 408(b)(2) ‘Corrections Program’Such a program would not let "bad actors" evade punishment, they said; rather it would provide a streamlined process with reduced penalties.
October 18, 2012
Obama vs. Romney on Regulation: DOL Fiduciary DOA? Yes or No to SRO? Borzi Gets Boot?While the regulatory and legislative landscapes remain sketchy until after the election, industry officials say there are some sure bets advisors can count on.
October 17, 2012
How to Prepare for—and Prevent—a DOL AuditAn AXIS Retirement Analytics Platform webinar told covered service providers how to avoidand prepare for, should it come to thatan audit from the Department of Labor.