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.
Volcker Leaving Obama Economic Advisory Group
By Associated PressFormer Federal Reserve Chairman Paul Volcker is ending his term as chairman of President Barack Obama's economic advisory panel next month, a person familiar with the situation said Wednesday.
January 05, 2011
Planners Nervous About Standard of CareFinancial planners fear that the U.S. Securities and Exchange Commission may propose something less than a full fiduciary standard for sellers of retail investment products.
January 05, 2011
Securities America and Rep to Pay Over $1 Million in FINRA Fraud CaseA FINRA panel has resolved a dispute against Securities America Inc., Randall Ray Talbott and the now-defunct Medical Capital Holdings with an award of more than $1 million.
January 04, 2011
GOP Challenges, Chides President on SpendingMajority Leader Eric Cantor explains agenda in Capitol Hill press conference.
January 03, 2011
IRS Frees 5500 Preparers from ID MandateThe Internal Revenue Service has exempted benefit plan administrators that help prepare benefit plan Form 5500 from the new IRS Preparer Tax Identification Number requirements.
January 03, 2011
IRS Frees 5500 Preparers from ID MandateThe Internal Revenue Service has exempted benefit plan administrators that help prepare benefit plan Form 5500 from the new IRS Preparer Tax Identification Number requirements.
January 03, 2011
Disclose This: Is the SEC Seriously Thinking of Disclosures, Rather Than Fiduciary?I’m not even through the first working day of the New Year and I’ve had my bubble burst already. This particular bubble is the optimism…
January 03, 2011
SEC May Impose Disclosure-Only Reg, Not Fiduciary Duty, for BrokersAs the Jan. 21 deadline approaches for the SEC's reports to Congress, industry groups are voicing their concerns about what an SEC-crafted fiduciary standard may look like.