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.
The Brutal Politics of Super Committee Failure (Talking Points Memo)
By Staff WriterA Super Committee breakdown could have political ramifications for both parties (and unleash a torrent of negative ads).
November 11, 2011
UBS Pays $8M Fine to Settle SEC’s Short-Sale CaseThe SEC charged UBS Securities Thursday with faulty record-keeping practices related to short sales, and UBS agreed to pay an $8 million penalty to settle the enforcement action.
November 10, 2011
Senate to Grill SEC Chiefs at Oversight HearingA Senate Banking Subcommittee plans to hold a hearing on Nov. 16 on management and structural reforms at the SEC, with Robert Khuzami and others facing off with the Senators.
November 10, 2011
Judge Imposes Record Fine on Galleon's RajaratnamJudge Jed S. Rakoff assessed a $98.2 million fine against hedge fund billionaire Raj Rajaratnam of Galleon Group while criticizing the SEC's settlements in insider trading cases
November 09, 2011
FINRA Gave Corzine Waiver to Run MF GlobalWhen Jon Corzine returned to the securities business to run MF Global, he did so without requalifying or registering, as required by FINRA, because the agency gave him a waiver.
November 09, 2011
SEC Crackdown Hits Advisors Hard, as Actions Reach Record in 2011The Securities and Exchange Commission announced Wednesday that the agency filed a record 735 enforcement actions in the fiscal year that ended on Sept. 30.
November 08, 2011
Regulators' Document Mishaps Irk Wall Street (Reuters)In the last month, Wall Street's top regulators became subject to the same kind of scrutiny they regularly dish out to securities firms.
November 08, 2011
D.C. Circuit Upholds PPACA ConstitutionalityThe judges analyze the question of whether the individual coverage ownership penalty is really a tax.