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.
Could International Regulation Kill Long-Term Products?
By Makoto "Mack" OkuboThe proposed International Financial Reporting Standards 4 (IFRS 4) and an inappropriately designed economic solvency regime would bring tremendous volatility to companies with long-term insurance business models.
May 08, 2012
Mary Schapiro: The 2012 IA 25 Extended ProfileOn two of the top issues affecting the investment advisory space, Mary Schapiro, chairman of the Securities and Exchange Commission, is adamant: Brokers should be held to a fiduciary mandate and a self-regulatory organization to help the agency examine advisors must be explored.
May 07, 2012
FINRA Hires Colby as Chief Legal OfficerFINRA announced Monday that it has hired Robert L. D. Colby as its chief legal officer to oversee the corporate and regulatory functions of the Office of General Counsel, along with the Regulatory Policy Group.
May 07, 2012
PPACA: Analysts Like Minimum Value GuidanceLockton benefits experts say the approaches suggested by regulators would provide some flexibility.
May 07, 2012
SEC’s Schapiro Plans Tuesday Meeting on Corporate Political SpendingSEC Chaiwrman Mary Schapiro has agreed to meet Tuesday with a bipartisan group of organizations to hear demands that it take on what activists say is the rise of secret corporate spending in elections.
May 07, 2012
FINRA Board Member Resigns After SuspensionFINRA Board member Joel Blumenschein has resigned as he was recently fined $30,000 and suspended by FINRA for allegedly failing to supervise one of his companys brokers, Gary Gossett.
May 04, 2012
ASPPA and ACOPA Seek Clarification on Regs Modifying Partial Annuity Distribution OptionsFinal regulations respecting partial annuity distribution options under defined benefit plans should specify that the addition of rules for bifurcated benefits does not void approaches for handling these benefits in previous periods.
May 04, 2012
ASPPA and ACOPA Seek Clarification on Regs Modifying Partial Annuity Distribution OptionsFinal regulations respecting partial annuity distribution options under defined benefit plans should specify that the addition of rules for bifurcated benefits does not void approaches for handling these benefits in previous periods.