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.
Madoff Scandal Changes FINRA Exam Process
By Arthur D. PostalThe Financial Industry Regulatory Authority is responding to the criticism prompted by the Bernard Madoff scandal by intensifying its exam process.
June 30, 2011
Madoff Scandal Changes FINRA Exam ProcessThe Financial Industry Regulatory Authority is responding to the criticism prompted by the Bernard Madoff scandal by intensifying its exam process.
June 30, 2011
IRS Provides Answers for Holders of Foreign AssetsThe IRS has finally begun to answer many key questions asked by advisors on repercussions of failure to file an FBAR.
June 29, 2011
IRI Conference: SEC Official Sees Possible Living Benefits ConflictsThe U.S. Securities and Exchange Commission is keeping a close eye on variable annuity living benefits disclosures.
June 29, 2011
SEC's Rominger: 'Proliferation' of Variable Products Raises Regulatory WorriesEileen Rominger, director of the SEC Division of Investment Management, said the securities regulator is seeing a “proliferation” of new variable insurance product designs and innovations, some of which “raise substantive regulatory concerns.”
June 28, 2011
SEC Official: Fiduciary Mandate is Likely, But Harmonization Will Come LaterA senior Securities and Exchange Commission official said it is likely the agency will propose a rule imposing a uniform fiduciary mandate on the sale of investment products.
June 28, 2011
IRI Conference: SEC Official Sees Possible Living Benefits ConflictsThe U.S. Securities and Exchange Commission is keeping a close eye on variable annuity living benefits disclosures.
June 28, 2011
Senate Democrats: GOP Cuts to SEC Could Mean Another MadoffTop Senate Democrats sent a letter to the leader of the House Appropriations Committee House appropriators on Tuesday criticizing Republican’s proposed cuts to the SEC, calling them “unacceptable and counterproductive.”