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.
Reaction to SEC’s Fiduciary Study Is Entwined With Politics
By Kate McBrideThe SEC’s Study on Investment Advisers and Broker-Dealers, which was released to Congress Friday night, has brought reaction or comment from some industry groups that, so far, are lining up in fairly predictable ways.
January 23, 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.
January 23, 2011
SEC and the Fiduciary Study, Part II: Politics and the Fiduciary StandardHow financial services reform took a circuitous route that resulted in the compromise reform legislation known as Dodd Frank and the Jan. 22 SEC report to Congress.
January 22, 2011
SEC and the Fiduciary Study: The Process, Part IWhy the fiduciary standard became such a hot topic for regulators at the SEC.
January 22, 2011
SEC Tells Congress It Will Proceed With Uniform Fiduciary Standard for Brokers, AdvisorsThe SEC told Congress that it would move forward in creating a new uniform fiduciary standard of care for broker-dealers and investment advisors when providing advice to retail customers.
January 21, 2011
SEC Recommends Uniform Fiduciary StandardThe U.S. Securities and Exchange Commission staff has recommended a "uniform fiduciary standard of conduct" for broker-dealers and investment advisors who are selling retail investment products.
January 21, 2011
SEC Recommends Uniform Fiduciary StandardThe U.S. Securities and Exchange Commission staff has recommended a "uniform fiduciary standard of conduct" for broker-dealers and investment advisors who are selling retail investment products.
January 20, 2011
ACLI Asks for Broader QDIA, Target Date Fund Income WarningThe American Council of Life Insurers wants revised retirement plan disclosure notices to educate participants about the risk of depending on any variable-return fund for retirement income.