Regulation

SEC Chairman Mary Schapiro said reform of money market funds boils down to creating a dedicated capital buffer, to protect against runs, or letting the net asset value of such funds float, day by day, long anathema in the industry.

Citigroup Chief Executive Vikram Pandit said Monday that MF Global’s woes point to a need for an expanded focus on the shadow banking system and broader transparency for derivatives.

Eileen Rominger, director of the Securities and Exchange Commission's division of investment management, testified last month before the U.S. Senate that the commission is reviewing whether the widespread use of exchange-traded funds is contributing to market volatility.

On the heels of the Financial Planning Standards Board's semi-annual meeting in Washington, D.C., top leaders of the Certified Financial Planner Board of Standards offered an update on the group's agenda, which remains dominated by policy advocacy and an ambitious public awareness campaign.

Given the initial coverage, you might think that the sad story of MF Global’s demise is all about John Corzine.

The Municipal Securities Rulemaking Board would for the first time require broker-dealers to disclose to state and local governments that they are not fiduciaries and would prohibit underwriters from telling issuers not to hire financial advisors, under revised rule changes it filed Thursday.

The waves of financial regulations that are being introduced around the world "represent some of the biggest changes in financial services in 70 years." Here's what's changed and what you and your firm can do now to meet these new regulatory requirements.

A Georgetown University professor has proposed a different idea in the ongoing debate over how investment advisors should be effectively regulated: outsource the heavy lifting to accounting firms.

Was a complex product sold to a wealthy family that was only suitable for an institutional client?

Our legal expert discusses what happens when clients don't follow orders.