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.
Bachus SRO Draft Draws Sparks
By Arthur D. PostalRep. Spencer Bachus is getting mixed reactions to a draft bill that would authorize one or more self-regulatory organizations to oversee investment advisors that are registered with the U.S. Securities and Exchange Commission.
September 08, 2011
Dodd-Frank: Employers Pan Swap Counterparty AidEmployee benefit plans want the right to waive a proposed rule that would require swap counterparties to give benefit plans extra scrutiny and advice.
September 08, 2011
Draft Bill Calling for SRO for Advisors Introduced in HouseThe House Financial Services Committee on Thursday released a draft bill that would establish one or more self-regulatory organizations (SRO) to oversee investment advisors.
September 07, 2011
IRS Goes Back To Drawing Board on Estate CostsThe Internal Revenue Service is scrapping proposed estate administration cost deduction rules it released in 2007.
September 07, 2011
FINRA Fines 5 Broker-DealersFive broker-dealers were fined by FINRA for understating the amount of total commissions they charged to customers in trade confirmations and on fee schedules.
September 06, 2011
Universal American Extends Expiration Date for Exchange OfferUniversal American Corp. will be giving holders of some preferred shares until Sept. 9 to exchange the shares.
September 06, 2011
IRS Official: PPACA Ate Our 403(b) HomeworkEfforts to implement major new health care and financial services laws are getting in the way of an Internal Revenue Service initiative to update 403(b) retirement plan procedures.
September 06, 2011
IRS Goes Back To Drawing Board on Estate CostsThe Internal Revenue Service is scrapping proposed estate administration cost deduction rules it released in 2007.