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.
Taking on the SEC and FINRA—Sometimes It Pays
By Melanie WaddellNew research from the law firm Sutherland shows that it pays to litigate against the SEC and FINRA, particularly when it comes to fraud cases.
September 21, 2011
While Bachus Pushes Advisor SRO Bill, Sen. Johnson Isn't Quite ReadyBachus has warmed up to more SEC funding because he sees that it would help the SEC with its oversight of any advisor SRO.
September 20, 2011
Dodd-Frank: Consumer Groups Blast SEC Swap Conduct ProposalThe Consumer Federation of America is leading a coalition of groups that wants federal regulators to make the rules governing swaps involving pension plans and endowments as strict as possible.
September 20, 2011
SEC’s IG Report Says Ex-Counsel Becker Benefited in Madoff LiquidationAn SEC Inspector General report released Tuesday alleged that the agencys former general counsel, David Becker, benefited personally by participating in matters related to the liquidation proceedings dealing with the Bernie Madoff fraud.
September 19, 2011
Tax Amnesty: IRS Collects Billions From Hidden Offshore AssetsGetting straight with the IRS is gaining momentum among Americans who have previously evaded taxes by not disclosing offshore assets and income.
September 15, 2011
SEC Head Defends Need for Funding IncreaseU.S. Securities and Exchange Commission Chairman Mary Schapiro has accused House Republicans of trying to cripple the agency by holding its budget flat and imposing burdensome cost-benefit analysis requirements.
September 15, 2011
IRS Offers Large 2010 Estates Filing, Penalty ReliefLarge estates of people who died last yearthose valued at more than $5 millionwill have until early next year to file required returns and pay any estate taxes due, the IRS announced.
September 14, 2011
PPACA: IRS Gets Real About Group Health AffordabilityThe Internal Revenue Service is trying to free employers from a Patient Protection and Affordable Care Act provision that otherwise could force them to track group health plan participants' household income.