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 Study Projects High Growth Rate for Large RIAs
By Kate McBrideNumbers of RIAs with more than $100 million in AUM are expected to increase, estimates in the SRO Study show.
January 26, 2011
SEC to Allow Shareholder Votes on Executive PayRepublican Commissioners Casey and Paredes vote against the rule.
January 26, 2011
IRS to Announce New Amnesty Program for Offshore AccountsThe IRS has announced a new amnesty program aimed at encouraging wealthy Americans with hidden offshore bank accounts to come forward, declare their money and pay taxes owed, according to a report in The New York Times on Tuesday.
January 25, 2011
SEC Shares Details of Merrill's $10 Million Fraud SettlementSEC brought charges of securities fraud involving issues at Merrill Lynch from 2002 to 2007.
January 25, 2011
Best of AdvisorOne: Top 5 Dodd-Frank Implementation ArticlesThe most popular stories among AdvisorOne readers in January: SEC studies on an SRO and fiduciary, and the GAO report on planners
January 25, 2011
House Democrats Call for More Funding for SECLeading Democrats on the House Financial Services Committee gathered on Capitol Hill to sound an alarm bell over the SEC's current lack of funding.
January 25, 2011
Specific ERISA Fiduciary Standard Lacking: Don TroneOn Jan. 22, 2011, the SEC officially released its long-awaited study on the appropriate standard of care for investment advisers and broker-dealers.
January 24, 2011
SEC Fiduciary Study Pleases Some, Frustrates OthersSome groups are welcoming U.S. Securities and Exchange Commission staff support for a uniform fiduciary standard for efforts to give retail customers personalized investment advice, but insurance producers say a uniform standard would backfire.