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.
Fed Again Asks Court to Dismiss Greenberg Suit
By Arthur D. PostalThe Federal Reserve Board of New York again asked a federal court in Manhattan to dismiss a lawsuit filed by Maurice Greenberg related to how the government provided financial aid to American International Group in 2008.
July 05, 2012
Crowdfunding: What Could Go Wrong?Is the JOBS Acts embrace of crowdfunding a good idea? Is it what Congress meant to protect investors?
July 05, 2012
Brokers, Get Ready: Suitability Rule Set to Take EffectFirms that are already concerned about the recommendations made to clients based on their existing portfolios now have this new wrinkle: the prospective customer, lawyer Brian Rubin says.
July 05, 2012
Can Brokers Get Justice From FINRA?Where does an advisor go to get his reputation back? That is the heart of a complaint of a former broker suing FINRA to expunge damaging allegations from his CRD that have kept him from the industry for two years.
July 05, 2012
Regulatory Certainty. Really?A look at how broker-dealers are gearing up for the implementation of FINRA Rules 2090 and 2111.
July 05, 2012
New Hire Roundup: FASB's Herz Joins Board at Morgan StanleyThis week in new hires, Robert Herz elected to the board at Morgan; Dune Thorne joins Brown Advisory; SEC gets new head of investment advisor examination program.
July 05, 2012
Regulatory Certainty. Really?A look at how broker-dealers are gearing up for the implementation of FINRA Rules 2090 and 2111.
July 03, 2012
FINRA Rule 2111: The Broker-Dealer ViewCommonwealths Paul Tolley talks about the challenges of implementing FINRAs new suitability rule on the selling of securities like variable annuities.