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.
FINRA to Restructure BrokerCheck, Giving Investors More Power
By Melanie WaddellProposed changes include not only unifying BrokerCheck and the SECs IAPD system, but also divulging broker/advisor test scores.
March 01, 2012
SEC Warns: Watch Out for Agency ImpostersThe SEC has issued an investor alert to warn of impersonators who claim to be SEC employees for the purpose of defrauding individuals.
February 29, 2012
DOL ‘Disappointed’ With Industry Input on Fiduciary IRA RequestThe Department of Labors EBSA says it is disappointed that industry trade groups could not provide more data by the Feb. 24 deadline, and it's "bewildered" that the data underlying the Oliver Wyman report is "not forthcoming."
February 28, 2012
SEC, CFTC Issue Joint Rule Proposal on Identity TheftThe SEC on Tuesday announced a rule proposal to help protect investors from identity theft by ensuring that broker-dealers, mutual funds, and other SEC-regulated entities create programs to detect and respond appropriately to red flags.
February 27, 2012
The SEC Begins Fiduciary Fact-Finding MissionThe Securities and Exchange Commission plans to ask the investment industry soon to provide it with the information needed to craft an analysis of the potential impact of a uniform fiduciary standard on investors and producers.
February 27, 2012
The SEC Begins Fiduciary Fact-Finding MissionThe Securities and Exchange Commission plans to ask the investment industry soon to provide it with the information needed to craft an analysis of the potential impact of a uniform fiduciary standard on investors and producers.
February 24, 2012
‘Triumphs’ of the RegulatorsThe magnificent and multiple failures of financial regulators over the past few years have been rather alarming.
February 24, 2012
SEC’s Schapiro: ‘I Still Strongly Believe’ in Fiduciary Mandate for BrokersSchapiro also said its time for the agency to take the next step in reforming money market funds. Money market funds, she said, remain susceptible to runs; we need to move forward in addressing these structural risks.