The SEC and Federal Reserve last month approved rules that will allow banks to continue selling some securities products and services without registering as brokers.
The Securities and Exchange Commission last month approved a FINRA rule governing the sale of deferred variable annuities.
The deadline is approaching for financial firms to comply with an SEC rule intended to curb market timing and abusive transactions in mutual funds.
Securities regulators are seeking additional input on their controversial proposal to change the minimum net-worth requirements of hedge fund investors.
A rule took effect Sept. 10 that clarifies the SEC’s ability to go after hedge fund advisers who make false or misleading statements to investors.
The SEC has issued a proposal to relax accounting regulations for foreign firms that trade on U.S. exchanges.
Securities regulators continue sorting through public input on proposed rules that address broker-dealer financial responsibilities.
Oral arguments are scheduled for Nov. 5 before the U.S. Supreme Court in a case that could affect 529 college savings plans.
Congressional hearings held last month addressed the contentious issue of taxes paid by managers of hedge funds and private equity funds.
A bill introduced in August would create a commission to study the hedge fund and private equity industries.
More wirehouses and B-Ds realize they need to allow advisers to take on fiduciary services.
Automatic features are gaining momentum in the 401(k) arena, according to financial advisers.
Hedge fund managers, traders and analysts are keeping a close eye on the weather — and not just to get an idea of what the weekend will be like.
The new brokerage, to be called Wachovia Securities LLC, will be based in St. Louis.
