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.
NAPFA: 8 Ways FINRA Oversight Will Hurt Indie Advisors
By Joyce HansonNAPFA has sounded the alarm against House Financial Services Chairman Spencer Bachus bill calling for a SRO to oversee advisors.
June 01, 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...
June 01, 2012
Gay Married Couples Look to High Court on BenefitsThe 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
IRS: Why Keep the FSA Use-It-or-Lose-It Rule?The idea of making workers forfeit FSA balances at the end of the year may be obsolete, officials say.
June 01, 2012
SEC Approves Rules Related to ‘Flash Crash’The SEC on Thursday approved two proposals submitted by the national securities exchanges and FINRA that address failures that occurred during the flash crash on May 6, 2010.
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.