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.
FDIC Spending Soars Amidst Bank Failures
By staff WriterThe board of directors of the Federal Deposit Insurance Corporation has approved a $4 billion operating budget for 2010, up 55% from $2.6 billion this year.
December 11, 2009
Mixed Messages and Unexpected MovesIs the SEC's offer to delay implementation of Rule 151A by a couple of years good news, or bad news?
December 11, 2009
IAA Applauds Removal of FINRA Provision from Regulatory Reform BillInvestment Adviser Association Executive Director David Tittsworth issued a statement of approbation.
December 11, 2009
FINRA Provision Deleted From Reform BillThe provision that would have given FINRA the authority to inspect and regulate any investment advisor associated with a broker/dealer was successfully deleted from the huge financial services reform bill on December 11.
December 11, 2009
American Equity Update on 2-Year Rule 151A DelayNick Gerhart of American Equity updates interested parties on the recent developments concerning Rule 151A and where we go from here.
December 11, 2009
House Approves Financial Reform BillThe full House approved by a vote of 223 to 202 today, December 11, the sweeping financial services reform bill, the Wall Street Reform and Consumer Protection Act (H.R. 4173).
December 11, 2009
Financial Reform Bill Approved: House Vote Is 223-202FINRA will not have oversight of advisors associated with B/Ds, for now.
December 11, 2009
House Passes Sweeping Financial ReformsHouse lawmakers have passed the most sweeping reforms of financial services since those coming out of the Great Depression.