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.
Annuities compliance: Six rules to stay on the right side of compliance
By David PortIf the wildly capricious behavior of the financial markets of late weren't enough to make an advisor's head spin, then the ever-shifting and increasingly imposing regulatory landscape certainly will.
June 29, 2010
SEC 151A: Should advisors pop the champagne?Do you hear the sound of the fat lady singing? Maybe you don't because nothing's over until the ink's dry.
June 28, 2010
Text of Reform Bill Compromise Language on Fiduciary Now AvailableAmidst the furor over the House and Senate agreeing to a compromise on the financial services reform bill on June 25, industry officials are also applauding the Senate and House conferees' deal on fiduciary duty.
June 27, 2010
Conferees Agree to Final Financial Services Reform BillBoth houses of Congress expected to approve bill before July 4 recess
June 27, 2010
Reaction to Financial Services Reform Bill Is SwiftFSI's Dale Brown, IAA's David Tittsworth weigh in on bill's implications
June 25, 2010
Loophole in financial reform could hurt seniors, mainstream media suggestsAfter a series of behind-the-scenes efforts resulted in what looks like a substantial victory for foes of the SEC 151A proposal, the non-financial industry media media has painted a more sinister view of what actually occurred this week in Washington.
June 24, 2010
Senate Reform Bill Compromise on Fiduciary Is Still Being DebatedSenator Tim Johnson (D-South Dakota) offered House conferees a compromise Tuesday night, June 22, regarding putting brokers under a fiduciary standard of care.
June 24, 2010
SEC To Study Fiduciary StandardInsurance agents would be required, probably within 18 months, to meet a fiduciary standard in selling investment products under a deal worked out in Congress today.