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.
A Failure to Communicate?
By Staff WriterWe are officially in the midst of the dog days of summer. And while that phrase may conjure images of lazy yawns on a front porch and the smell of sunscreen and dried-up lawns, the Securities and Exchange Commission is as busy as ever.
August 22, 2010
Battle Lines Drawn on Optional Federal CharterThe battle lines are already being drawn in anticipation of a battle royal in Congress in 2011 over the creation of an optional federal charter (OFC) for insurers.
August 20, 2010
New Jersey Note Auction 'Oversubscribed' Despite SEC SuitJust one day after settling allegations of fraud with the Securities and Exchange Commission, New Jersey sold $2.25 billion in short-term notes, a new record.
August 19, 2010
FINRA Sticks With Securities in Suitability ProposalThe Financial Industry Regulatory Authority is leaving "non-securities" products out of a proposed suitability rule update.
August 18, 2010
SEC Charges New Jersey for Fraudulent Municipal Bond OfferingsThe SEC charged the State of New Jersey on Wednesday with securities fraud for misrepresenting and failing to disclose to investors in billions of dollars worth of municipal bond offerings that it was underfunding the state's two largest pension plans.
August 18, 2010
FINRA Sticks With Securities in Suitability ProposalThe Financial Industry Regulatory Authority is leaving "non-securities" products out of a proposed suitability rule update.
August 17, 2010
Buddy Donohue, SEC's Investment Management Director, to Leave Agency in NovemberAndrew "Buddy" Donohue, director of the Securities and Exchange Commission's Division of Investment Management, is leaving the agency in November.
August 17, 2010
Broadridge to Buy NewRiver, an Electronic Prospectus PioneerBroadridge Financial Solutions, Inc. announced that it has signed an agreement to acquire NewRiver, Inc., a leader in electronic investor disclosure solutions, for approximately $77 million.