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.
Plain English, Please
By Staff WriterAfter much anticipation, on February 13 the SEC proposed amendments to Part 2 of Form ADV, which would require advisors to provide a plain-English narrative...
April 01, 2008
12b-1 Headed for an OverhaulEight months after holding a roundtable discussion on its Rule 12b-1, the SEC is planning a "complete overhaul" of the rule, according to SEC Chairman...
March 31, 2008
Seminars and credentials go under the microscopeNote: FINRA's Regulatory Notice 07-43 echoes a series of complaints and issues in the securities sales area that were addressed in California in Senate Bill 620 with respect to the sale of life insurance, including annuities, to seniors. A leading
March 30, 2008
Growling PaysSo, it looks like Congress is going to want some answers to questions it has about the sweetheart deal, arranged by the Federal Reserve Board ...
March 28, 2008
ASPPA, COPA Weigh In On Proposed Hybrid RegsExperts at the American Society of Pension Professionals & Actuaries and the College of Pension Actuaries have submitted detailed comments on proposed hybrid pension plan ...
March 28, 2008
DOD: Cash Payments May Not Violate Tricare RulesThe U.S. Department of Defense has proposed new regulations for coordination of private employee benefits with Tricare.Tricare is a federal program that provides health coverage ...
March 27, 2008
FINRA Implements Rule Easing Sales Lit Review StandardsThe Financial Industry Regulatory Authority Inc. has changed some investment product sales literature approval requirements.FINRA, Washington, has issued a document, Regulatory Notice 08-12, which amends ...
March 25, 2008
Cox to Get Rand Recommendations by May 5The SEC's Director of Investment Management, Buddy Donahue, told a packed room at the Investment Adviser Association's (IAA) compliance conference in Washington March 21 that he and Eric Surri, director of the SEC's Trading and Markets division, will deliver to SEC Chairman Christopher Cox by May 5 steps the Commission...