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.
CFA Asks for Proof of Fiduciary Standard Costs
By Arthur D. PostalThe Consumer Federation of America says opponents of a uniform fiduciary standard have provided no evidence that a uniform standard would increase the cost of investment services.
May 09, 2011
SEC to Look at Money Market Fund RiskBill Stouten, a Thrivent Financial for Lutherans portfolio manager, will be one of the participants in a U.S. Securities and Exchange Commission discussion on money market funds and systemic risk.
May 09, 2011
Is Inflation on the Way? Advisor Briefing for the Week of May 9, 2011Top market-moving news this week: measures of inflation, along with multiple congressional hearings.
May 06, 2011
UBS Settles Charges With U.S., States Over Muni Bond FraudUBS Financial Services, charged with with the fraudulent rigging of municipal bond transactions, settled with the U.S. government and 25 states this week.
May 06, 2011
SEC's Schapiro: Agency Will Turn to Fiduciary, Harmonization, 12b-1 After July 21SEC will focus on 12b-1 fee reform 'in tandem' with advisor/BD reform issues, Schapiro said Friday at the ICI conference.
May 04, 2011
PPACA: IRS Looks at Group Health DefinitionsThe Internal Revenue Service and its parent, the U.S. Treasury Department, are asking for comments about how they should define terms such as "employer" and "employee" when applying Affordable Care Act group health mandates.
May 04, 2011
PPACA: IRS Looks at Group Health DefinitionsThe Internal Revenue Service and its parent, the U.S. Treasury Department, are asking for comments about how they should define terms such as "employer" and "employee" when applying Affordable Care Act group health mandates.
May 04, 2011
IRS Seeks Tax Professionals for Advisory PanelThe IRS has begun accepting applications for the Internal Revenue Service Advisory Council (IRSAC), which provides a public forum for IRS officials and representatives of the public to discuss relevant issues regarding federal tax administration.