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.
Will the DOL Finally Show that Fiduciary Advice Is Better Business?
By Bob ClarkCornerstone of new proposal is expected to be substantial economic analysis.
December 21, 2012
The Jaws of DefeatTaking time out over the holidays to reflect on the past year has become one of my favorite exercises.
December 20, 2012
SEC, FINRA Enforcement Roundup: Allianz, TheStreet ChargedAmong recent enforcement actions taken by the SEC were charges against Allianz for violations of the Foreign Corrupt Practices Act that resulted in penalties of more than $12.3 million; against a Connecticut-based advisor for telling clients it was investing in the same collateralized debt obligations it recommended for them; against...
December 19, 2012
Washington regulation: 6 things to look for in 2013From a redefined fiduciary standard to the SIFI question, big changes are ahead over the next 12 months.
December 18, 2012
New Hire Roundup: Beale, Kayajanian Join Security Benefit; DOL Picks New ERISA Council MembersThis week in new hires, Security Benefit welcomed George Beale and Jeffrey Kayajanian, CapWealth named Phoebe Venable president and COO, and the DOL named five new ERISA Advisory Council members.
December 14, 2012
FINRA clarifies ‘customer’ and ‘investment strategy’ terms under suitability ruleThe clarifications are updates to FINRA's Regulatory Notice 12-25, which was issued in May and provides guidance on the rule in a frequently asked questions format.
December 14, 2012
FINRA clarifies ‘customer’ and ‘investment strategy’ terms under suitability ruleThe clarifications are updates to FINRA's Regulatory Notice 12-25, which was issued in May and provides guidance on the rule in a frequently asked questions format.