Financial regulations

A bill repealing rule moves on to House floor, while appropriators seek to block funding for the measure.

Large, active hedge funds shorted Comex futures because of the risk of higher U.S. interest rates, driving down prices of the metal, an analyst says.

Operational challenges and strategic initiatives are at a crossroads.

Some advisers are actually embracing changes by making the rules work for them.

Prices that reached an almost seven-month high in June have now dropped for five straight weeks, the longest slump this year.

OCIE plans to conduct 1,850 probes of RIAs, a 28% jump over its 2016 total, while sharply cutting those aimed at broker-dealers.

Low costs and an overall shift toward passive are only part of the reasons why they are leaving such an impact, according to four experts’ testimonies.

Corporations, banking trade groups and consumer advocates are looking for favorable legislation from Congress.

One key factor is the adviser’s tone during the exam – is it conciliatory or defiant? And remember, the examination and enforcement divisions know each other.

RIAs using digital platforms will face scrutiny about disclosure and client communications.

Leading RIA custodian is warning that BIC disclosures, legal liability in second wave of DoL rule could be devastating for small advisers.

The challenges of new regulations may actually allow independent firms to grow and thrive—particularly those which embrace these four advice-centric features.

Opponents of the regulation don’t have “new evidence” to beat back a final legal challenge, says the former assistant secretary of the Department of Labor.

The regulator skips creating a fund for investors with unpaid arbitration claims, despite raising hopes that it might.

How do smaller firm avoid paying six-digit fines for administrative shortcomings?

The regulator now has punished just one known person associated with the bank's admitted nationwide fiduciary violation: the RIA who flagged abuses.

Payment of back wages is ordered as well as reinstatement. A second reinstatement may also be in the works, Financial Planning has learned.

The White House’s inaction has left the SEC and the CFTC with just two members each, one from each party, giving Democrats the power to block policy moves they disagree with.

Access to banking information ensures advisors can perform holistic planning, fintech firms say.

It’s time to consider payment schemes that are more transparent and better aligned between who pays the cost — and who enjoys the benefits.