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.
Under shadow of Volcker Rule, AIG looks to sell thrift
By Arthur D. PostalAmerican International Group plans to sell its savings and loan out of concerns around restrictions imposed by the so-called Volcker rule, not federal regulation.
September 26, 2012
HighTower Advisors: The New Face of Fiduciary?Does any advisor have "zero conflicts of interest?"
September 25, 2012
SEC Fiduciary Rule Stalled—But for How Long?A fiduciary rule from the SEC looks to be years away.
September 25, 2012
‘Wall Street, We’ve Got a Problem,’ Says Wall StreetWho thinks Wall Street has a reputation problem and that increased regulation is needed to restore trust in the financial services industry? Wall Street, thats who.
September 24, 2012
As Congress Keeps SEC Budget Flat, SRO Specter Still LurksBefore breaking for recess, Congress passed early Saturday a continuing resolution that would nearly flat-line the SEC's budget, renewing worries that a House bill calling for an SRO for advisors will be revived next year.
September 21, 2012
FINRA Seeks to Require Members to Link to BrokerCheckFINRA is asking the SEC to approve amendments to BrokerCheck, including requiring firms to include a reference and a link to BrokerCheck on their websites.
September 20, 2012
SEC Enforcement Roundup: Hedge Fund Manager’s $37 Million Ponzi Scheme BustedOthers facing SEC charges include a former director in a compensation scheme that netted hundreds of thousands of dollars in undisclosed income.
September 19, 2012
IRS Untangles One Transfer-for-Value Rule TrapPreferential tax treatment and the flexibility to restructure allocations in estate planning simply don't mix well when it comes to investing in life insurance. A recent IRS private letter ruling could help change that.