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.
Harmonizing DOL, SEC Fiduciary Rules Forces a Stark Choice, fi360 Warns Lawmakers
By Melanie WaddellHarmonizing the two rules, fi360 says, would require the SEC to toughen its rules or the DOL to relax them, violating ERISA requirements and weakening protections for retirement plan participants.
August 23, 2012
SEC, FINRA, DOL Enforcement Roundup: Investing Website Exposed as $600M ScamA CEO who fed inside tips to a pro baseball player and an investment website running a $600 million Ponzi scheme were among those charged by the SEC recently.
August 23, 2012
SEC’s Schapiro Loses Money-Market Fund FightSEC Chairwoman Mary Schapiro said late Wednesday that she did not have the votes to further reform money-market funds.
August 21, 2012
SEC Hands Out First Whistleblower AwardThe SEC announced Tuesday that it has given its first whistleblower award to an individual who helped the agency stop a multimillion-dollar fraud.
August 21, 2012
Oldest Americans living longer, and are fitter and richer, tooOlder Americans are working more, exercising more and having an easier time with the activities of daily living.
August 21, 2012
2012 Broker-Dealers of the Year—SlideshowThere are some familiar faces and a new contender among the 2012 winners.
August 21, 2012
Remedy to Boost Advisor Exams Out of Reach This YearTwo important issues for the advisory industry will remain unresolved until next year: how to boost investment advisor examseither through a self-regulatory organization (SRO) or via user feesas well as a rule to put brokers under a fiduciary mandate.
August 20, 2012
SEC Private Placement Rule Threatens to Put Investors at Great RiskA survey of state securities regulators found that fraudulent private placement offerings were ranked as the most common product or scheme leading to investigations and enforcement actions.