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.
Better The Devil You Know Than The Devil You Don't
By Jack BoboBecause of the press of more important business and the upcoming primary elections, it appears that further consideration of an optional federal charter for insurers ...
September 01, 2006
Division IContemporary Financial Solutions Year founded: 2003 Producing reps: 96 Est. gross revenue (2006): $1.4 million Avg. annual gross production per rep (2005): $12,000 Ratio of reps to home office: 48 to...
September 01, 2006
Division IIINEXT Financial Group, Inc. Year founded: 1999 Producing reps: 756 Est. gross revenue (2006): $76.5 million Avg. annual gross production per rep (2005): $90,000 Ratio of reps to home office: 10.8...
September 01, 2006
News & ProductsThe SEC issued a Request for Proposals (RFP) due August 24 for phase one of a major study of how regulators' rules for investment professionals...
September 01, 2006
An Education SummitThis year, the annual meeting of the Certified Financial Planner Board of Standards was not only a multiday affair in the first week of August...
August 28, 2006
Feds Accept Pru Settlement OfferA broker-dealer partly controlled by Prudential Financial Inc. has agreed to pay $600 million to resolve a market-timing investigation.The U.S. Securities and Exchange Commission says ...
August 16, 2006
IRS Limits Efforts To Pass On HRAsThe Internal Revenue Service has rejected an effort by employers to help health reimbursement arrangement holders who have no spouses or children.An employer that runs ...
August 07, 2006
CalPERS Adds Former SEC Chair's Hedge FundRichard Breeden's activist hedge fund firm has been allocated $400 million as part of the California Public Employees' Retirement System's corporate governance portfolio.