Regulation And Legislation

Displaying 10529 results
States must work with Finra since self-regulation 'not going away': NASAA head
REGULATION AND LEGISLATION SEP 15, 2011
States must work with Finra since self-regulation 'not going away': NASAA head

State regulators of investment advisers should reach out to Finra, which provides broker-dealer oversight, to ensure that advisers act in their clients' best interests, according to the new head of NASAA.

By Bloomberg
BlackRock expresses real concern over synthetics in ETFs
ETFS SEP 14, 2011
BlackRock expresses real concern over synthetics in ETFs

Asset manager issues proposal to reform exchange-traded-fund industry

By Jeff Benjamin
Muni regulator puts pay to play, other proposals on hold
FIXED INCOME SEP 14, 2011
Muni regulator puts pay to play, other proposals on hold

The Municipal Securities Rulemaking Board has yanked all six of its proposed rules covering municipal advisers today, triggered by worries about the Securities and Exchange Commission's proposed definition of a municipal adviser.

By Dan Jamieson
GOP throws more tacks in path of fiduciary rule
REGULATION AND LEGISLATION SEP 14, 2011
GOP throws more tacks in path of fiduciary rule

House panel will explore SEC reports recommending that the commission impose a universal fiduciary duty on anyone providing retail investment advice and harmonize regulations governing investment advisers and broker-dealers.

By Mark Schoeff Jr.
LIFE INSURANCE AND ANNUITIES SEP 12, 2011
SEC: Aon bribed prospective clients over 24-year period

Insurer agrees to settle charges it violated the FCPA; carrier allegedly netted $11.4M from $3.6M in payments

By Darla Mercado
REGULATION AND LEGISLATION SEP 12, 2011
MSRB's proposal is stricter

By Liz Skinner
LIFE INSURANCE AND ANNUITIES SEP 12, 2011
Insurance agent to face 99 years in prison for selling phony annuities

A 76-year-old insurance agent is facing nearly a century of prison time after pleading guilty to securities fraud stemming from the sale of unregistered securities and fake investments.

By Darla Mercado
REGULATION AND LEGISLATION SEP 12, 2011
SEC taking steps to prevent another flash crash

Last Friday, the one-year anniversary of the flash crash, SEC Chairman Mary Schapiro told attendees at the Investment Company Institute's annual general-membership meeting that the commission is looking at further regulation of high-frequency traders and mandating standards for exchanges' automated systems to make sure that something similar doesn't happen again

By Jessica Toonkel
REGULATION AND LEGISLATION SEP 11, 2011
Firms fined $910K over handling fees

Living up to its warnings, Finra has walloped five firms for overcharging for postage and handling

By Bruce Kelly
REGULATION AND LEGISLATION SEP 09, 2011
Finra election results are in: Krawcheck, small B-D exec get the nod

Ken Norensberg, chief operating officer of Tritaurian Capital Inc., has won a contested small-firm seat on the Financial Industry Regulatory Authority Inc. board.

By Dan Jamieson
Finra election deadlines set for next month
REGULATION AND LEGISLATION SEP 08, 2011
Finra election deadlines set for next month

Interested in a seat on Finra's small firm advisory board or on one of its district committees? You have until Oct. 7 to submit a form to get your name on the ballot.

By Dan Jamieson
Proposal for adviser SRO could be unveiled next week
REGULATION AND LEGISLATION SEP 08, 2011
Proposal for adviser SRO could be unveiled next week

A congressional hearing next week that will delve into the issues of fiduciary duty and a self-regulatory organization for advisers also is likely to provide a platform to introduce an SRO bill — or at least an outline that could turn into a measure.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION SEP 08, 2011
Most Dodd-Frank adviser changes remain up in the air

The bold new era of regulation that Congress laid out in the Dodd-Frank financial reform law has not arrived — at least not for financial advisers.

By Liz Skinner
SEC wants comments on how to kill off outdated rules
REGULATION AND LEGISLATION SEP 07, 2011
SEC wants comments on how to kill off outdated rules

By Liz Skinner
REGULATION AND LEGISLATION SEP 07, 2011
Buzz: NAIFA backs Finra for adviser SRO

Lobbying in favor of a self-regulatory organization for investment advisers has gained momentum, with a major insurance organization calling on Congress to authorize Finra the to do the job.

By Doug Cubberley
NAIFA backs Finra for adviser SRO
REGULATION AND LEGISLATION SEP 07, 2011
NAIFA backs Finra for adviser SRO

Lobbying in favor of a self-regulatory organization for investment advisers has gained momentum, with a major insurance organization calling on Congress to authorize Finra the to do the job.

By Mark Schoeff Jr.
Obama aims to roll back roll-back of Dodd-Frank
REGULATION AND LEGISLATION SEP 07, 2011
Obama aims to roll back roll-back of Dodd-Frank

President defends 'important changes,' nominates first head of consumer protection bureau; Republicans seek guarantees

By John Goff
Nontraded REITs a hot property — but Finra warns investors
ALTERNATIVES SEP 01, 2011
Nontraded REITs a hot property — but Finra warns investors

Regulator cites lack of liquidity and high fees; product sales remain brisk

By Bloomberg
Tough Finra proposal aims to bring nontraded-REIT pricing up to par
ALTERNATIVES SEP 01, 2011
Tough Finra proposal aims to bring nontraded-REIT pricing up to par

Regulator wants commissions subtracted right away from value shown on statements; 'pendulum has swung too far'

By Bruce Kelly
Finra wants faster valuations of nontraded REITs
ALTERNATIVES SEP 01, 2011
Finra wants faster valuations of nontraded REITs

Regulator prepares proposal after May complaint against David Lerner Associates; time it takes to get market valuations not up to par

By Bruce Kelly