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.
SEC's Schapiro: Extra Funding Will Support New Staff, Oversight of Credit Ratings, Derivatives
By Melanie WaddellMary Schapiro, SEC chairman, told a Senate Appropriations Subcommittee on Wednesday that the agency would use the recent $74 million funding boost that it received under the FY2011 CR to fill vacancies “to meet key strategic needs."
May 01, 2011
Politics and Process: SEC and the Fiduciary Study—SlideshowAdvisorOne Wealth Editor in Chief Kathleen McBride has closely followed the Securities and Exchange Commission's study on whether to extend a fiduciary standard to all advice givers in her series, SEC and the Fiduciary Study.
May 01, 2011
SEC to Meet Dodd-Frank's July Deadline on 'Switch,' Private Fund, Venture Fund AdvisorsThe SEC says that while it will adopt final rules by July 21 implementing three provisions of Dodd-Frank involving the “switching” of advisors to state registration, as well as private fund and venture capital fund advisors’ registration with the SEC, the agency will also lengthen the date for complying with...
May 01, 2011
UBS to Pay FINRA Fine and Restitution to Investors in Lehman PPNsUBS Financial Services Inc. will pay a fine of $2.5 million to FINRA and $8.25 million to investors as restitution to settle FINRA charges “for…
May 01, 2011
SEC to Meet Dodd-Frank’s July Deadline on ‘Switch,’ Private Fund, Venture Fund AdvisorsThe Securities and Exchange Commission (SEC) says that while it fully intends to adopt final rules by July 21 implementing three provisions of Dodd-Frank…
May 01, 2011
You Can’t Regulate CrooksWill all the stress and cost associated with this new Part 2A make a substantial difference for the investing public?
May 01, 2011
Fair Play: The Fight Over Rule 206(4)-5On March 14, the Securities and Exchange Commission’s “pay-to-play” rule, officially known as the Advisers Act Rule 206(4)-5, went into effect.
May 01, 2011
(W)reckoning DayAdvisors have the unique ability to explain macro events to the micro client in a way they can easily understand.