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.
FINRA Fines Nuveen Investments $3 Million for Misleading Marketing
By John SullivanFINRA has fined Nuveen Investments, the largest manager of closed-end funds, $3 million for creating misleading ARPS brochures in 2008.
May 23, 2011
Hartford Agrees to Sell ThriftHartford Financial Services Group Inc. has found a buyer for Federal Trust Bank, a Florida thrift it acquired in early 2009, back when it was applying for permission to participate in the federal Troubled Asset Relief Program.
May 23, 2011
Warning: U.S. ‘Under Attack’ by Chinese Reverse Mergers“We are under attack,” writes Wall Street Journal blogger Josh Brown, an advisor with Fusion Analytics and proprietor of The Reformed Broker website.
May 23, 2011
MSRB, FINRA, SEC Work Together on Dodd-Frank Rules and Enforcement‘We’re dealing with other people’s money here,’ MSRB Chairman says.
May 20, 2011
David Tittsworth, IAA: The Extended 2011 IA 25 ProfileAs executive director of the Investment Adviser Association, Tittsworth wears the title "Washington insider" as a badge of honor
May 20, 2011
Dodd-Frank: Pension Plans Face Swaps SnarlBenefits groups fear conflicts in federal swaps regulations could accidentally make all swaps transactions involving swaps dealers and retirement plans illegal.
May 20, 2011
SEC Names Lewis as Chief Economist, Director of RiskFin DivisionThe SEC has named Craig Lewis as its chief economist and director of the Division of Risk, Strategy, and Financial Innovation (RiskFin).
May 20, 2011
Four-Year High in FINRA Enforcement Actions, Says Enforcement ChiefNearly 450 cases have been brought through April, and amount of fines has increased, says FINRA's Bradley Bennett.