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 Future of LTC Rate Regulation?
By [email protected], [email protected]Last week, the California Assembly took one more step toward increased industry regulation. Members voted 4233 in favor of A.B. 999, a bill that seeks ...
June 08, 2011
FDIC Schedules Risk Watcher EventThe Systemic Resolution Advisory Committee, an arm of the Federal Deposit Insurance Corp., is set to meet June 21 in Washington.
June 08, 2011
FDIC Schedules Risk Watcher EventThe Systemic Resolution Advisory Committee, an arm of the Federal Deposit Insurance Corp., is set to meet June 21 in Washington.
June 08, 2011
Former EBSA Chief: Rewrite Fiduciary DraftBradford Campbell, the former head of the Employee Benefits Security Administration, says the U.S. Department of Labor should overhaul its retirement plan fiduciary definition proposal.
June 08, 2011
Former EBSA Head Campbell to DOL: Re-Propose Fiduciary RuleBrad Campbell, former head of EBSA, said Wednesday that he has been urging the DOL to “re-propose” its fiduciary regulation, but Phyllis Borzi, current EBSA head, tells AdvisorOne a re-proposal isn't coming.
June 07, 2011
Rep. Garrett Prods GAO to Study SIPC Trustee's Handling of Madoff LiquidationRep. Scott Garrett, chairman of the House Financial Services Subcommittee on Capital Markets, is calling on the GAO to investigate SIPC Trustee Irving Picard’s handling of the Madoff liquidation, as well as the SEC's oversight of the matter.
June 07, 2011
Does the Fiduciary Standard Cost Too Much? Not So FastWashington's search for new ways to pay for government, is a good omen for the fiduciary standard, particularly the arguments that it’s “too costly.”
June 06, 2011
Barney Frank to SEC: Don't Impose '40 Act Fiduciary Standard on BrokersRep. Barney Frank sent a May 31 letter to SEC Chairman Mary Schapiro urging the agency to not put brokers under the Investment Advisers Act fiduciary standard.