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.
FinCen Reorganizes Secrecy Act Regulations
By Staff WriterThe 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 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.
October 21, 2010
EBSA Proposes Fiduciary RuleA fiduciary standard of care may end up applying to just about all financial professionals who are paid to offer investment advice to a benefit plan or to plan participants.
October 21, 2010
EBSA Proposes Fiduciary RuleA fiduciary standard of care may end up applying to just about all financial professionals who are paid to offer investment advice to a benefit plan or to plan participants.
October 21, 2010
DOL Issues Proposed Rule Clarifying Fiduciary DefinitionThe current arcane fiduciary rules "really interfere with the ability of the Department and fiduciaries to understand where the lines are being drawn, and to protect beneficiaries and participants."