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.
ASPPA: Don't Make 5500 Clerks Register
By staff WriterThe American Society of Pension Professionals & Actuaries is asking the Internal Revenue Service to think about the red tape it is about to wrap around the support staffers who help prepare Form 5500 data.
September 20, 2010
DOL's Borzi Lays Out EBSA’s AgendaPhyllis Borzi, Assistant Secretary of Labor for Employee Benefits Security Administration (EBSA), spoke at the annual Department of Labor (DOL) Speaks conference in National Harbor, Md., on Monday.
September 17, 2010
SEC Votes to Increase Disclosure of Banks’ Short-Term BorrowingsSEC commissioners voted unanimously on Friday to propose new rules for financial firms to disclose more information about their short-term borrowings.
September 16, 2010
Schapiro Defends Denial of Freedom of Information Act RequestsSecurities and Exchange Commission Chairman Mary Schapiro defended a controversial part of the new Wall Street reform law as "central to our ability to develop...
September 16, 2010
IRS Issues Guidance on Cell Companies: SidleySidley Austin LLP, an international business law firm, said Thursday that the IRS had issued guidance concerning cell companies.
September 15, 2010
Survey: Consumers Want Fiduciary Standard Scope ExpandedAbout 91% of U.S. investors say stockbrokers and investment advisors who provide the same kinds of advisory services should follow the same investor protection rules, according to sponsors of a recent survey.
September 15, 2010
House Continues Hearings on Future of Freddie/FannieThe future of Fannie Mae and Freddie Mac were the subject of testimony on Capitol Hill Wednesday before the Subcommittee on Capital Markets, Insurance, and...
September 14, 2010
Survey: Consumers Want Fiduciary Standard Scope ExpandedAbout 91% of U.S. investors say stockbrokers and investment advisors who provide the same kinds of advisory services should follow the same investor protection rules, according to sponsors of a recent survey.