Regulation And Legislation

Displaying 10528 results
PRACTICE MANAGEMENT DEC 04, 2011
SEC's enhanced adviser probes yield $262,000 in fines, reimbursements

Three investment advisory firms agreed to pay a total of $262,000 to settle Securities and Exchange Commission allegations that they failed to put in place and implement required compliance procedures.

By Liz Skinner
Insider-trading trail leads feds to big fund firm: Sources
REGULATION AND LEGISLATION DEC 02, 2011
Insider-trading trail leads feds to big fund firm: Sources

Employee at fund firm reportedly to be charged this month; traders at two research firms also under investigation

By John Goff
Former fund manager gets five years for 'blurred' thinking
REGULATION AND LEGISLATION DEC 02, 2011
Former fund manager gets five years for 'blurred' thinking

Skowron apologizes for insider trading, saying he had 'slipped into the world of relativism'; slips into an orange jumpsuit in January

By John Goff
State regulators aim to slow fast-tracked crowd-funding bills
REGULATION AND LEGISLATION DEC 01, 2011
State regulators aim to slow fast-tracked crowd-funding bills

NASAA worried that legislation could put investors at risk

By Mark Schoeff Jr.
REGULATION AND LEGISLATION DEC 01, 2011
SEC enforcement boost paying dividends

A reorganization of the SEC's enforcement division is starting to pay off with some high-profile cases, and agency executives promise that many more are in the pipeline

By Hazel Bradford
State regulators take on the crowd fighting crowd-funding bill
REGULATION AND LEGISLATION DEC 01, 2011
State regulators take on the crowd fighting crowd-funding bill

NASAA says current legislation could put investors at risk for fraud; GOP, Dems, White House all back the bill

By Mark Schoeff Jr.
Crooks 'licking chops' over crowd-funding bill, claims NASAA head
REGULATION AND LEGISLATION DEC 01, 2011
Crooks 'licking chops' over crowd-funding bill, claims NASAA head

Herstein worried that easing of rules governing web-based raising of capital will lead to fraud

By Dan Jamieson
Bracketology: Bloomberg reverses course, backs hiked tax rates for all
REGULATION AND LEGISLATION NOV 30, 2011
Bracketology: Bloomberg reverses course, backs hiked tax rates for all

New York City mayor tells Washington to let Bush tax cuts expire for good of the country

By John Goff
Barney Frank wants to squeeze big banks
ALTERNATIVES NOV 30, 2011
Barney Frank wants to squeeze big banks

U.S. Representative Barney Frank urged members of the congressional committee charged with reducing the U.S. budget deficit to impose a risk-based fee on large banks with over $50 billion in assets and hedge funds with over $10 billion.

By Doug Cubberley
REGULATION AND LEGISLATION NOV 30, 2011
Frank — the industry's unlikely new ally

By Mark Schoeff Jr.
REGULATION AND LEGISLATION NOV 29, 2011
Unregistered adviser sold unregistered securities despite cease-and-desist

Texas regulators say Byrne ignored order issued in 2005

By Bloomberg
REGULATION AND LEGISLATION NOV 29, 2011
New NASAA head vows to protect state authority

Shortly before Jack Herstein gave his inaugural address as president of the North American Securities Administrators Association Inc. last week, a House subcommittee concluded a hearing about draft legislation that would authorize one or more self-regulatory organizations for investment advisers

By Mark Schoeff Jr.
Florida outsider wins small-firm seat on Finra appeals board
REGULATION AND LEGISLATION NOV 28, 2011
Florida outsider wins small-firm seat on Finra appeals board

Karen Fischer, a Boca Raton, Fla.-based compliance consultant, has won a small-firm seat on the Financial Industry Regulatory Authority Inc.'s appeals board.

By Dan Jamieson
REGULATION AND LEGISLATION NOV 28, 2011
Advisers should gird for higher compliance costs: RJ's Helck

Investment advisers should get set for higher compliance costs — as well as a self-regulatory organization, said Chet Helck, chief operating officer for Raymond James Financial Inc.

By Dan Jamieson
REGULATION AND LEGISLATION NOV 28, 2011
Enter bashing: Finra small-firm candidates tee off on each other

By Dan Jamieson
Freaky Thursday? Schapiro gives nod to adviser SRO, top Republican endorses more SEC funding
REGULATION AND LEGISLATION NOV 28, 2011
Freaky Thursday? Schapiro gives nod to adviser SRO, top Republican endorses more SEC funding

It was a day of unexpected twists on Capitol Hill. During a congressional hearing today, Securities and Exchange Commission Chairman Mary Schapiro voiced support for a self-regulatory organization to oversee investment advisers. Meanwhile, a leading Republican expressed support for increasing the SEC budget.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION NOV 28, 2011
Finra NAC seat could be contested

Karen Fischer, a Boca Raton, Fla.-based compliance consultant, yesterday began circulating petitions to small broker-dealers in order to get on the ballot for a seat on the National Adjudicatory Council.

By Dan Jamieson
Frank says cutting funds to regulators is 'worst of all worlds'
REGULATION AND LEGISLATION NOV 28, 2011
Frank says cutting funds to regulators is 'worst of all worlds'

Barney Frank says Republican "nickel and diming" of SEC, CFTC "does grave harm."

By Doug Cubberley
REGULATION AND LEGISLATION NOV 27, 2011
B-Ds face hiked fees for audit oversight

PCAOB to charge broker-dealers more to monitor firms' auditors

By Mark Schoeff Jr.
REGULATION AND LEGISLATION NOV 25, 2011
MF Global's failure may shift regulation mood

The push for increased oversight of the financial investment and advice industry may have gotten an unexpected boost

By Jeff Benjamin