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.
SEC’s Schapiro Adamant About Money-Market Fund Reforms
By Melanie WaddellDuring a conversation between Schapiro and Mellody Hobson, president of Ariel Investments, at the ICI's annual conference, Hobson said the industry and the SEC were at loggerheads over the SECs plans.
May 10, 2012
Could International Regulation Kill Long-Term Products?The 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 10, 2012
Could International Regulation Kill Long-Term Products?The 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 09, 2012
The Most Effective and Cost-Efficient SRO for Advisors? FINRAFragmented oversight constitutes a serious risk for the Main Street investor; the established SRO is the best way to ameliorate that risk.
May 09, 2012
ICI Opposes SEC’s Attempt to Rein In Money-Market FundsPaul Schott Stevens, president and CEO of the ICI, pointed out two initiatives the ICI is fighting: the SECs further attempts to rein in money-market funds, and the CFTCs amendments to a commodities rule.
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.