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.
Deal Is Reached to Avoid Government Shutdown
By Jim KuhnhennPerilously close to a government shutdown, President Barack Obama and congressional leaders reached agreement late Friday night to cut about $38 billion in federal spending and avert the first federal closure in 15 years.
April 07, 2011
Flash Crash Update: FINRA, Exchanges Give SEC a ‘Limit Up-Limit Down’ PlanFINRA and national securities exchanges have filed a proposal with the SEC for a “limit up-limit down” mechanism to address flash-crash volatility.
April 06, 2011
Proposed Federal Rules Would Bar Excessive Executive CompFederal financial regulators are taking aim at large compensation packages paid to non-executives at financial institutions, such as the huge payments made to the president and other top officials at American International Group's Financial Products unit.
April 06, 2011
Mary Schapiro Describes How SEC Would Deal With Govt. Shutdown: Exclusive InterviewSEC Chairman tells AdvisorOne that some market surveillance will continue, but could have an effect on SEC's hiring plans.
April 06, 2011
Govt. Shutdown Scenarios: SEC Enforcement to Slow, IRS Refunds to StopAs Democrats and Republicans dig in their heels on the budget under threat of impending doom, neither looks likely to budge and a government shutdown looks more and more inevitable.
April 06, 2011
Wells Fargo Settles With SEC on Wachovia; Zuni Tribe, Investors to Get $7.4 MillionThe SEC said Tuesday that Wells Fargo agreed to pay more than $11 million to settle charges that Wachovia engaged in misconduct in the sale of two CDOs.
April 06, 2011
IRS Offers Tips to Taxpayers as April 18 Filing Deadline NearsWith only about two weeks remaining until the April 18 filing deadline, the IRS reminded taxpayers on Tuesday that they could use its Free File to do their taxes or file an extension.
April 05, 2011
FOMC Supports Easy Money Into ’12; Bernanke Backs Tight Oversight of ClearinghousesMinutes of the meeting of the FOMC on Feb. 15 revealed that opinion was split, but predominantly in favor of a continuation of easy monetary policy into next year. Meanwhile, Fed Chairman Ben Bernanke, in a speech at the Atlanta Federal Reserve Bank Financial Markets Conference on Monday, was talking...