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 Gets Court Order Against Investment Firm
By Warren S. HerschThe U.S. Securities and Exchange Commission has obtained an emergency court order in a case involving what officials say is a firm that has just been pretending to be active in the life settlement industry.
September 05, 2011
Is the Carried Interest Loophole Closing?The Taxs Courts decision in Dagres v. Commissioner brings 'carried interest' into question.
September 01, 2011
How Much Is Too Much?As I’m sure is true for many of you, one of my favorite pastimes is reading up on the latest FINRA changes. Recently, I was reading an article about…
September 01, 2011
House Committee May Unveil SRO Bill after September 13 HearingWashington insiders are betting that the House Financial Services Committee will introduce legislation calling for a self-regulatory organization (SRO) for advisors.
September 01, 2011
SEC Proposal Fails to Fix Ratings Agencies: Sen. FrankenSen. Al Franken, D-Minn., and Barbara Roper, of the Consumer Federation of America, warned Thursday that the credit rating agency reform proposals put forth thus far by the SEC as part of Dodd-Frank are inadequate.
September 01, 2011
IRS Publishes New Cost Basis RegulationsThe IRS issued three regulations to address concerns created by its issuance of 2010 regulations surrounding reporting the cost basis of stocks.
August 31, 2011
House Committee May Unveil SRO Bill after September 13 HearingWashington insiders are betting that the House Financial Services Committee will introduce legislation calling for a self-regulatory organization (SRO) for advisors.
August 30, 2011
FOMC Minutes Show Some Dissension at Fed After S&P’s U.S. Debt DowngradeMinutes from the Fed's Aug. 9 meeting that monetary policy makers were fully aware of the volatile global markets and issues surrounding the S&P downgrade of U.S. debt when they announced they will keep interest rates low through mid-2013.