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.
DOL Slams Ivy Asset Management in $210 Million Madoff Settlement
By Melanie WaddellThe 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 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.
November 05, 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
Number of RIAs Drops as AUM Spikes: IAA, NRSThe Dodd-Frank Act "has had a profound effect on the composition of the investment advisory profession," says David Tittsworth of IAA.
November 05, 2012
Commonwealth to Roll Out More IA Options in Early ’13The independent broker-dealer believes more flexibility on affiliation will help it attract more breakaway brokers and give its advisors and prospects more options.