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 Tells ICI That Derivatives Disclosure Needs Improvement
By Danielle AndrusIn a July 30 letter to the Investment Company Institute (ICI), the Securities and Exchange Commission (SEC) urged funds that used derivatives to "assess the accuracy and completeness of their disclosure."
August 01, 2010
Feds to hospitals: Pay employees what they earnA new federal investigation of healthcare industry pay practices is underway after it came to light that many hospitals and nursing homes have not been paying proper overtime to their employees.
August 01, 2010
Advice to the SECWhen it comes to the fiduciary standard, and the six-month study that the SEC will conduct to determine whether brokers should be held to such...
August 01, 2010
Ethics update: Don't take shortcuts to credibilityFINRA is once again warning advisors with securities licenses that using ghostwritten communication materials may violate NASD Rule 2210.
August 01, 2010
Feds to hospitals: Pay employees what they earnA new federal investigation of healthcare industry pay practices is underway after it came to light that many hospitals and nursing homes have not been paying proper overtime to their employees.
August 01, 2010
The FINRA BlotterThe law firm of Sutherland Asbill & Brennan completed in early July its annual review of disciplinary actions brought by FINRA in 2009. By reviewing...
August 01, 2010
SEC 151 faces a double-whammy in WashingtonCourt order, plus likely passage of financial reform bill, expected to quash annuities regulation
August 01, 2010
Washington Watch: Financial Services Reform FinalizedFresh off its July 4 recess, Democrats in the Senate were able to finally pass the financial services reform bill on July 15, after first...