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.
SEC mandates plain English for investment advisor brochure
By National Ethics BureauIf you're a registered investment advisor, get ready to disclose more information on your Form ADV, Part 2 and to use plain English.
September 28, 2010
New SEC Enforcement Unit Will Focus on Mutual Fund FeesThe SEC's Division of Enforcement has established an Asset Management Unit to focus on mutual funds, private funds and advisors, the division's director Robert Khuzami said Wednesday.
September 27, 2010
Fiduciary Forum Offers Advice to the SECTo an investor, the functions of a broker and an investment advisor look substantially the same. But are they?
September 27, 2010
At NASAA Conference: SEC to Release Dodd-Frank ‘Switch’ Details by DecemberState securities regulators had a few pressing issues on their minds associated with the implementation of the Dodd-Frank Act as they convened their annual conference in Baltimore on Monday.
September 27, 2010
Pardon My Authenticity: Fiduciary and Retail InvestorsIn his latest posting, Bob Clark explores the meaning of an "authentic" fiduciary standard, responding to a reader's call for clarification. Bob's conclusion? "In my view anyway, the existence of myriad fiduciary standards supports such a standard for brokers as well."
September 24, 2010
At Fiduciary Forum, Academics, Practitioners Share Views on How SEC Should ProceedAs the Securities and Exchange Commission (SEC) heads into finalizing its study on advisor and broker obligations--the SEC must submit its final report to Congress by February
September 24, 2010
Dodd-Frank: Aguilar Calls for Unified StandardsPension fund managers and other "sophisticated investors" may need the protection of a fiduciary standard as much as the little guys, Luis Aguilar says.
September 24, 2010
At Fiduciary Forum, Academics, Practitioners Share Views on How SEC Should ProceedAs the SEC heads into finalizing its study on advisor and broker obligations, academics, lawyers and industry executives gathered at the Fiduciary Forum in Washington on Friday to explore the fiduciary standard in a brokerage setting.