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.
Video: Exclusive—Knut Rostad on Whether a Fiduciary Standard for Brokers Will Rebuild Investor Confidence
By Kate McBrideKnut Rostad talks with AdvisorOne’s Kate McBride about why the fiduciary standard for brokers matters to the financial services industry as well as to investors.
February 24, 2011
Three States Plan March Seminars on 'Switching' of AdvisorsThree states’ securities divisions—Ohio, Michigan, and Vermont—are planning to hold seminars in March to help advisors with the transition from federal to state oversight.
February 24, 2011
The GOP’s Plan in the HouseRep. Spencer Bachus, R-Ala., chairman of the House Financial Services Committee, released an oversight plan in January which includes issues his committee…
February 23, 2011
403(b) Plans: IRS Weighs in on TerminationsNonprofit employers can use several different strategies to shut down 403(b) retirement plans without saddling participants with big tax bills, Internal Revenue Service officials say in Revenue Ruling 2011-7.
February 23, 2011
403(b) Plans: IRS Weighs in on TerminationsNonprofit employers can use several different strategies to shut down 403(b) retirement plans without saddling participants with big tax bills, Internal Revenue Service officials say in Revenue Ruling 2011-7.
February 23, 2011
Top SEC Attorney Inherited Dirty Madoff Millions, Says SuitIrving Picard, trustee for the liquidation of Ponzi schemer Bernard Madoff’s firm, has filed a suit against top SEC attorney David Becker and his two brothers that said that Becker and his siblings benefited from a Madoff account that was in their mother’s estate. T
February 23, 2011
Sen. Majority Leader Reid to Introduce Stop-Gap Budget Bill This WeekIn response to the House budget continuing resolution (CR), H.R. 1, that passed on Saturday, Feb. 19, Senate Majority Leader Harry Reid, D-Nev., said on Tuesday that to avoid a government shutdown on March 4, he plans to introduce a stop-gap CR this week that he can bring to the...
February 22, 2011
SEC Names McKessy to Head Whistleblower OfficeThe Securities and Exchange Commission (SEC) named on Feb. 18 Sean McKessy as the new head of its Whistleblower Office, which is housed within the agencies Division of Enforcement.