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.
Dodd-Frank Slowdown Would Not Ease SEC's Budget Woes, Schapiro Tells Senate
By Melanie WaddellSEC chief refutes Senate Republicans' claim that putting the brakes on approving Dodd-Frank rule proposals with a more "rigorous" analysis would save the SEC money.
February 16, 2011
Investor Advocates Launch Campaign to Halt SEC, CFTC Budget CutsConsumer and investor advocates launched a web-based campaign on Wednesday designed to halt the proposed budget cuts to the SEC and CFTC that are being recommended by House Republicans.
February 15, 2011
Schapiro: Our Fiduciary Project is Separate from Labor'sThe U.S. Securities and Exchange Commission is helping the U.S. Department of Labor update a definition of "fiduciary," but that effort is separate from the SEC's own fiduciary standard study, SEC Chairman Mary Schapiro said today.
February 15, 2011
Senate Republicans to Feds: Heed Dodd-Frank CommentersRepublican senators are asking federal financial services regulators to give interested parties at least 60 days to comment on proposed Dodd-Frank Wall Street Reform and Consumer Protection Act aregulations.
February 15, 2011
As House Considers 2011 Budget Funding, Further SEC Cuts DebatedThe House on Tuesday began debating a Continuing Resolution bill that would fund the federal government until September. Under the FY 2011 CR the SEC would see a budget cut of $41 million below the current 2010 CR that the regulator is operating under.
February 14, 2011
Schapiro: Our Fiduciary Project is Separate from Labor'sThe U.S. Securities and Exchange Commission is helping the U.S. Department of Labor update a definition of "fiduciary," but that effort is separate from the SEC's own fiduciary standard study, SEC Chairman Mary Schapiro said today.
February 14, 2011
Regulations to Raise Cost of Compliance in 2011: Thomson ReutersCompliance professionals around the world expect to have to spend more time and resources to work with regulators and exchanges in 2011, according to Thomson Reuters' second annual Cost of Compliance Survey.
February 14, 2011
Obama's 2012 Budget Gives Big Boost to SEC, CFTCPresident Barack Obama unveiled his $3.73 trillion budget for FY 2012, which includes significant cuts to federal spending and investments but provides substantial budget boosts to the SEC and the CFTC.