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.
IRS Raises 401(k) Contribution Limits
By John SullivanWhile 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
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.
October 17, 2012
Fed’s Raskin: Regulators don’t have a “gotcha” mentalityU.S. financial regulators are not being overzealous in their approach, says Federal Reserve Governor Sarah Raskin.
October 15, 2012
How to Help Clients With Donation AppraisalsHere are four techniques that advisors can share with collectors seeking to donate collections and take a tax write-off.
October 12, 2012
SEC Proposes Extension of Principal Trading Temporary RuleThe SEC is proposing to extend the date on which temporary rule 206(3)-3T sunsets by another two years, from Dec. 31, 2012 to Dec. 31, 2014.