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, FINRA Enforcement Roundup: Cantor Fitzgerald Hit by FINRA
By Marlene Y. SatterAmong recent SEC and FINRA actions were Cantor Fitzgerald being censured and fined and FINRA imposing a $14 million settlement on a Hong Kong-based firm charged with insider trading.
October 25, 2012
The Election and Advisors: FPA’s Dan Barry Reports, and PredictsLooking at next years advocacy agenda for FPA, much depends on the election and who is placed in key positions. A rundown of the big issues for planners, and what different election scenarios mean for those issues.
October 24, 2012
NAIC takes low-key approach on federal regulationNAIC experts "stand ready" to answer by phone or in person any additional questions federal regulators have.
October 24, 2012
NAIC takes low-key approach on federal regulationNAIC experts "stand ready" to answer by phone or in person any additional questions federal regulators have.
October 23, 2012
SEC’s Schapiro Expects Fiduciary Standard Proposal in 2013"The passage of time has not discouraged me at all," Schapiro said at SIFMA's annual meeting on Wednesday. "The devil is in the details, but Im more confident that we will get it done, not less.
October 23, 2012
MassMutual comments on thrift regulationThe insurer is still waiting to hear from the Federal Reserve Board on its application to deregister its trust company.
October 23, 2012
SEC Beefs Up Enforcement With New ToolsThe SEC is stepping up surveillance of insider trading with its new Automated Bluesheet Analysis Project, and is catching more hedge fund advisor fraud with its aberrational performance inquiry team.
October 22, 2012
FINRA Suspends David Lerner, Forces $12M Payback on Apple REITsLerner, the CEO and president, misled customers, calling the Apple REITs a fabulous cash cow and a gold mine, FINRA says.