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.
FINRA's Members Elect New Governors, Approve Proxy Proposals
By Michael S. FischerMember firms of the Financial Industry Regulatory Authority (FINRA) have elected seven governors, and have supported seven non-binding proxy proposals, the organization announced.
August 15, 2010
CFA Rallies Support for Broader Fiduciary StandardThe Consumer Federation of America is urging members to tell the U.S. Securities and Exchange Commission to impose tougher investment product sales rules.
August 15, 2010
Dodd-Frank: Feds Writing a Swaps DictionaryThe U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission are asking for comments on the definitions they should use when implementing new swaps market statutes.
August 13, 2010
SEC, CFTC Seek Comments on 'Mixed Swaps'As required by Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the SEC and CFTC published a joint advance notice of proposed rulemaking requesting public comment regarding "mixed swaps."
August 13, 2010
SEC, NASAA, FINRA Update Best Practices for Serving SeniorsAs the number of elderly Americans is expected to more than double by 2050, the SEC, FINRA, and NASAA have updated a joint report outlining practices being used by financial services firms.
August 13, 2010
SEC, CFTC to Issue September Report on 'Flash Crash'BlackRock survey found advisors believed an over reliance on computer systems and some types of high frequency trading were primary drivers of crash.
August 13, 2010
SEC, CFTC to Issue 'Flash Crash' Report in SeptemberThe SEC and CFTC plan to deliver a joint report in early September to the two agencies' Advisory Committee on Emerging Regulatory Issues regarding their continued examination of the May 6 market crash, known as the "flash crash."
August 12, 2010
SEC Funding Needs to ChangeAn SEC that takes in nearly half a billion dollars more than Congress grants it is not as strong as Congress could make it.