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.
The Meaning of the SEC's Report on SROs
By David TittsworthCongressional hearings likely, and strong case made for user fees in recommendation to Congress on SRO and IA exams.
January 19, 2011
Taxpayer Advocate: PPACA to Turn IRS into Social Benefits AgencyThe Internal Revenue Service might not have the funding, the staff, the skills or the data to do a good job of implementing the new personal and employer health coverage requirements.
January 19, 2011
SEC Appoints New Head of Investment ManagementThe SEC has selected Eileen Rominger as its new Director of Investment Management, replacing Andrew “Buddy” Donohue, who left the post in November 2010.
January 18, 2011
GAO to Congress: No Need for More Regulation of PlannersThe GAO told lawmakers on Tuesday that “an additional layer of regulation specific to financial planners does not appear to be warranted at this time.” Also on tap for release later Tuesday, the SEC’s report to Congress on the need for an SRO for advisors.
January 18, 2011
SIFMA to Play 'Active Role' in Guiding Dodd-Frank Implementation, CEO Ryan Says2010 was the year that produced Dodd-Frank, but 2011 will be the year when “many of the questions that are outstanding as to how financial services will be changed” will be answered, said Tim Ryan, CEO of SIFMA.
January 18, 2011
Inside Information on SEC’s Likely Fiduciary MoveKristina Fausti of fi360 on whether the political will to re-regulate the industry has dried up.
January 17, 2011
SEC on SRO and Fiduciary Standard, Plus Earnings Season: AdvisorOne Briefing for the Week of Jan. 17, 2011Market-moving news for this week centers around earnings and the visit to the U.S. of the Chinese president, but advisors will be focused on the SEC's recommendations to Congress on an SRO and fiduciary.