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.
Obama & Taxes, Schapiro & Regulation, and a Somber Anniversary: Advisor Briefing for the Week of September 7, 2010
By James J. GreenWhat's happening this week.
September 02, 2010
SEC Sets Up Temporary Registration for Municipal AdvisorsThe Securities and Exchange Commission (SEC) on Thursday, September 2, adopted a temporary rule that allows municipal securities advisors to get a jump start on registering with the Commission.
September 02, 2010
SEC Charges North Carolina BD With Anti-Money Laundering ViolationsPinnacle Capital Markets also assessed penalty by FinCEN.
September 01, 2010
SEC Warns Credit Ratings Agencies That Dodd-Frank Gives It More Powers Over Ratings FraudNRSROs should implement sufficient internal controls over policies, procedures, and methodologies used to determine credit ratings.
September 01, 2010
Annuity update: If FIAs are not securities, what about FINRA 05-50?On July 15, I sent a letter to FINRA CEO Richard Ketchum and asked, "Since 151A has been vacated and Congress says index annuities are exempt, when will FINRA
September 01, 2010
The Compliance Coach: Will the SEC Ever Learn? Don't Count On ItJust when you thought that navigating the regulatory landscape couldn't get any more difficult, surprise! Congress and the SEC have brought us a new initiative...
September 01, 2010
Clark at Large: Time to Represent, Advisor Leaders!Now that The Dodd-Frank Wall Street Reform and Consumer Protection Act has been signed into law, the media dissection of the 2,300-plus-page bill is...
September 01, 2010
Washington Watch: Industry Heeds SEC's Call for CommentsThe advisory industry is wasting little time in telling the Securities and Exchange Commission (SEC) how it should proceed on crafting a fiduciary duty for...