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 Charges Phony Western Gold Sales Team in $300 Million Ponzi Case
By Joyce HansonThe SEC charged Friday, June 11, that a group of swindlers persuaded more than 3,000 U.S. and Canadian investors to put their savings and home equity into a $300 million Ponzi scheme for a phony gold-mining operation.
June 10, 2010
SEC Approves Stock Circuit-Breaker Rules after May 6 Market CollapseThe SEC approved stock circuit-breaker rules on Thursday, June 10, that require a pause in the trading of individual stocks if the price moves 10% or more in a five-minute period.
June 10, 2010
EBSA Issues Final Domestic Relations Order RuleAn arm of the U.S. Labor Department has completed work on a regulation that will affect payment of pension benefits to alternate payees.
June 10, 2010
SEC Approves Stock Circuit Breaker Rules after May 6 Market CollapseThe Securities and Exchange Commission (SEC) approved stock circuit-breaker rules on Thursday, June 10, that require a pause in the trading of individual stocks if...
June 10, 2010
Goldman, Stiglitz and the Future of InvestingNobel Laureate Joseph Stiglitz says that 'delay' or 'study' of some financial reforms is 'unconscionable; continued regulatory forbearance puts the economy at risk.'
June 10, 2010
Goldman, Stiglitz and the Future of Investing: Viewpoint BlogNobel Laureate Joseph Stiglitz says that 'delay' or 'study' of some financial reforms is 'unconscionable; continued regulatory forbearance puts the economy at risk'
June 08, 2010
FCIC Subpoenas Goldman SachsThe Financial Crisis Inquiry Commission (FCIC) issued a subpoena to Goldman Sachs on June 7, requiring the firm to produce documents and witnesses it has failed to provide, according to an announcement and timeline from the FCIC.
June 08, 2010
FCIC Subpoenas Goldman Sachs & Co.The Fraud Enforcement and Recovery Act of 2009 gives FCIC power to compel Goldman Sachs to produce missing witnesses and documents.