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.
What the Uniform Fiduciary Standard Will Not Be
By Knut A. RostadSIFMA CEO Tim Ryan says matter-of-factly: the "uniform" fiduciary standard that the Securities and Exchange Commission (SEC) is working on will not be the fiduciary standard under the Advisers Act of 1940, because, he opined, we have to have a standard that will "work for everyone."
October 26, 2010
FinCen Reorganizes Secrecy Act RegulationsThe Financial Crimes Enforcement Network is giving the Bank Secrecy Act rules that apply to insurers a part of their own in the Code of Federal Regulations.
October 26, 2010
Independent Advisors Optimistic, Despite Barriers to SuccessA survey released Tuesday by HNW Inc. found advisors overwhelmingly feel regulations are a barrier to their personal success.
October 25, 2010
There's No Escaping Federal RegulationWhile there is disagreement amongst advocates of continued state regulation of insurance, there is considerable evidence that as federal regulators start to implement the Dodd-Frank financial services reform act.
October 25, 2010
SEC ‘Switch’ Details Out by DecemberJohn Walsh, associate director of the SEC's Office of Compliance Inspections and Examinations (OCIE), told attendees at the North American Securities Administrators Association's (NASAA) annual...
October 25, 2010
Home Sales Rebound; Bernanke Targets U.S. Mortgage Banking PolicyA report that existing-home sales jumped 10% in September, signaling a housing market recovery, closely followed Ben Bernanke's announcement that the Fed is supporting foreclosure prevention at the local level.
October 24, 2010
There's No Escaping Federal RegulationWhile there is disagreement amongst advocates of continued state regulation of insurance, there is considerable evidence that as federal regulators start to implement the Dodd-Frank financial services reform act.
October 22, 2010
FINRA Names Bennett New Head of EnforcementJ. Bradley Bennett has been chosen to serve as the new head of FINRA's Enforcement Division.