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 Updates BrokerCheck With More Advisor Information
By Melanie WaddellSeveral of the changes implemented by FINRA address recommendations made in a January 2011 study by the SEC.
May 16, 2012
Judge Pushes Schwab Suit Against FINRA to Disciplinary PanelA federal judge dismissed a legal action filed by Charles Schwab against FINRA challenging a complaint FINRA levied against Schwab on Feb. 1.
May 15, 2012
Behind the Burden of Regulation (New York Times)Regulations to counter dubious behavior sometimes written by officials with an unfamiliarity of the operations they're looking to regulate.
May 14, 2012
Some Questions—and Answers—on the Spencer Bachus SRO BillSome of the answers: FINRA is the only viable option that has been identified as an SRO and, as Mercer Bullard commented, "the bill would impose a tax on small advisory businesses...and mainstream investors they represent."
May 14, 2012
Volcker Rule Untenable? Analyst Says JPMorgan’s Failed Hedge Is ProofIn the immediate aftermath of JPMorgan's $2 billion trading loss, both conservative and liberal voices have been heard calling for tighter regulation, but Peter Wallison makes the opposite case.
May 14, 2012
‘If You Want to Speculate, Don't Call Yourself a Bank’—TD Bank CEOBloomberg TVs Erik Schatzker sat down with Edmund Clark, who calls himself an old-fashioned banker.
May 14, 2012
IRS Steps Up Fight Against Identity Theft, PhishingAs if worrying about taxes werent enough to handle, a troubled IRS looks to prevent and detect identity theft cases.
May 11, 2012
Jason Zweig Calls for Robots as RegulatorsJason Zweig is causing controversyagainsuggesting the ongoing SRO debate would be solved with robots (seriously).