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.
Gay Married Couples Look to High Court on Benefits
By Denise Lavoie, AP Legal Affairs WriterThe 1st Circuit has affirmed a district court ruling and argued that denying access to federal benefits to same-sex couples is unconstitutional.
June 01, 2012
GAO Criticizes FINRA, SEC on OversightSerious questions are being raised about the effectiveness of FINRA and whether the SEC spends enough time overseeing this self-regulatory agency.
May 31, 2012
Nonbank SIFI “Dragnet” for Fed Supervision Targeted at Hill HearingMetropolitan Life Insurance Co., Americas, President William Bill Wheeler told a House panel in no uncertain terms that he does not believe insurers should be regulated like banks and warned against marketplace distortion should the final federal capital enhancement rules not be crafted well--or even if they are and insurers...
May 31, 2012
Rymer Named Interim IG at SECRymer, who currently serves as inspector general of the FDIC, will serve as interim inspector general of the SEC until a permanent successor can be found.
May 31, 2012
IRS Issues Guidelines for Health Care Flexible Spending AccountsThe IRS has issued guidelines on the $2,500 cap imposed on health care flexible spending accounts as part of the Patient Protection and Affordable Care Act.
May 31, 2012
The GAO Chimes in on the SEC and Self-Regulatory OrganizationsSerious questions are being raised about the effectiveness of the Financial Industry Regulatory Authority (FINRA) and whether the Securities and Exchange Commission (SEC) spends enough time overseeing this self-regulatory agency.
May 31, 2012
The GAO Chimes in on the SEC and Self-Regulatory OrganizationsSerious questions are being raised about the effectiveness of the Financial Industry Regulatory Authority (FINRA) and whether the Securities and Exchange Commission (SEC) spends enough time overseeing this self-regulatory agency.
May 30, 2012
POGO Assails House Financial Services Committee's SRO BillIn a letter to the chairman and ranking minority member of the House Financial Services Committee, the Project On Government Oversight raised serious concerns about H.R. 4624, a bill that would authorize one or more SROs to oversee the investment advisor industry.