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.
SEC Proposes JOBS Act Rule Easing Private-Offering Promotion
By Melanie WaddellWith respect to Rule 506 offerings, the JOBS Act directs the commission to permit such general solicitation, provided that all purchasers of the securities are accredited investors," SEC Chairwoman Mary Schapiro said.
August 28, 2012
Insurers Working to Thwart Federal RegulationInsurance companies and trade groupsboth property and casualty and lifeare pulling out all the stops in an effort to thwart or delay the Federal Reserve Boards efforts to impose consolidated regulation of them through its new authority to oversee thrift holding companies.
August 27, 2012
Harmonizing DOL, SEC Fiduciary Rules Forces a Stark Choice, fi360 Warns LawmakersHarmonizing the two rules, fi360 says, would require the SEC to toughen its rules or the DOL to relax them, violating ERISA requirements and weakening protections for retirement plan participants.
August 24, 2012
Insurers Voice Deep Concern with Fed Capital ProposalsAs the Fed begins to tighten its grip on insurer-owned thrifts, insurers are weighing in.
August 23, 2012
Before Leaping to Independence, Look at Your MotivationIf you want to join the RIA ranks, first make a candid assessment of your reasons for doing so.
August 23, 2012
SEC, FINRA, DOL Enforcement Roundup: Investing Website Exposed as $600M ScamA CEO who fed inside tips to a pro baseball player and an investment website running a $600 million Ponzi scheme were among those charged by the SEC recently.
August 23, 2012
SEC’s Schapiro Loses Money-Market Fund FightSEC Chairwoman Mary Schapiro said late Wednesday that she did not have the votes to further reform money-market funds.
August 21, 2012
SEC Hands Out First Whistleblower AwardThe SEC announced Tuesday that it has given its first whistleblower award to an individual who helped the agency stop a multimillion-dollar fraud.