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.
Congress to DOL's Borzi: Repropose Fiduciary Rule, Too Broad
By Melanie WaddellLawmakers told EBSA head Borzi on Tuesday to repropose EBSA’s controversial regulation amending the definition of fiduciary because it's too broad and because the agency failed to examine the full cost of expanding the definition.
July 22, 2011
FINRA Charged With Poor Transparency, Needs Closer Scrutiny—Compliance WatchThe non-governmental regulator lacks the 'checks and balances' of other government regulators, U.S. Chamber of Commerce charges.
July 21, 2011
Schapiro to Senate: Dodd-Frank Doomed Without More MoneySEC Chairman warns lawmakers that the agency needs 'significant additional resources' in order to proceed with its responsibilities under Dodd-Frank.
July 21, 2011
Dodd-Frank: FPA, CFP Board Say Much 'Still in Play' for AdvisorsFPA's Dan Barry and CFP Board's Marilyn Mohrman-Gillis tell AdvisorOne that advisors will be affected by a host of changes in year two of Dodd-Frank
July 21, 2011
Dodd-Frank and Fiduciary: Why I’m Depressed; What to DoWall Street’s apparent success in ‘Reforming the Reform’ may well leave a true fiduciary standard behind. So, what to do?
July 20, 2011
S&P Sees Deeper Europe Bank Crisis on Fears of Sovereign DefaultAhead of summit meeting, credit agency S&P raps stress tests; European Commissioner raps credit agencies.
July 20, 2011
CFA Dodd-Frank Report: Law's Fate 'Hangs in the Balance'The CFA released a Dodd-Frank progress report on Wednesday warning that further progress in implementing the law is threatened, in part, by congressional efforts to defund regulators.
July 18, 2011
FINRA’s Suspension of Advisor for ‘Unbalanced’ Tweets Offers WarningIn a case that speaks to the limits put on social media, FINRA suspended the founder of Titan Securities for using Twitter to make "overwhelmingly positive" predictions about one of her own stock holdings.