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.
Dodd-Frank Anniversary: Law Costs Agencies Millions, GAO Says
By Melanie WaddellAt the one-year anniversary of Dodd-Frank, the GAO has released a list of 11 federal agencies' reported funding and staff resources needed to implement Dodd-Frank until 2012.
July 15, 2011
Confusion About New FINRA Rule Requiring Back-Office Staff Exams—Compliance WatchTwo areas of uncertainty remain for BDs regarding FINRA's new rule requiring operations personnel to take a FINRA exam: which personnel must take the exam and which exam they will take.
July 14, 2011
CFA Reverses on Advisor SRO, Frustrated Over Lack of SEC FundingAfter the CFA reversed its opposition to an SRO for advisors, CFA's Barbara Roper tells AdvisorOne that FINRA 'is almost certain' to play some SRO role.
July 13, 2011
Debit Card Fee Rules to Affect Insurer-Owned BanksThe Federal Reserve Board has included a number of insurer-owned banks and thrifts on a list of financial institutions that will be subject to new debit card fee limits.
July 13, 2011
EBSA Postpones Fee Disclosure DeadlineThe Employee Benefits Security Administration has pushed back the compliance deadlines for new retirement plan fee disclosure rules.
July 13, 2011
EBSA Postpones Fee Disclosure DeadlineThe Employee Benefits Security Administration has pushed back the compliance deadlines for new retirement plan fee disclosure rules.
July 13, 2011
SIFMA Dodd-Frank Forum: Execs Surmise Outcome of Fiduciary RuleJuly 21 not only marks the one-year anniversary of the passage of the Dodd-Frank Act, but it’s also the date when the SEC will turn its attention to creating a fiduciary duty rule for brokers.
July 12, 2011
Barney Frank Says Dodd-Frank Is “Holding Up Well”As anniversary nears, Congressman expresses frustration that GOP is using “deficit crisis to under fund the SEC and CFTC”