Regulation

The Securities Industry and Financial Markets Association has upped the ante in its dispute with the Municipal Securities Rulemaking Board over the self-regulator’s proposal to nearly double the fees it collects from dealers, warning that the MSRB must do a better job of explaining the need for the increase.

The Federal Reserve Board is now leading an examination of put-back risk at the largest banks, asking institutions to include their exposure to repurchases in reports to the central bank about their capital strength.

The fees on securities transactions and on registrations of securities that fund the operations of the Securities and Exchange Commission are set to jump as much as 62 percent, once its budget for the next fiscal year are approved.

The Financial Industry Regulatory Authority Friday morning said it is seeking a Temporary Cease and Desist Order against a San Antonio brokerage that allegedly is operating a "boiler room" designed to raise money for oil and gas ventures its president runs.

Investment advisors who think they can outsmart the Securities and Exchange Commission had better think again.

The SEC has revoked the registration of Thrasher Capital Management in New York for not providing the company’s books and records to the regulatorin May 2009 and ignoring repeated requests to do so.

As regulators try to collaborate on new securitization rules, a fissure has emerged in bankers' own thinking on the subject.

The financial planning community has a lot of knowledge and wisdom – way more than any individual writer or commentator. But how do we tap the deep wisdom of the crowd to help us resolve important, complicated issues? Bob Veres, a columnist for Financial Planning magazine, is here to trigger conversations on important topics for advisors on issues and subjects facing the industry. First up: The regualtory standard.

For the first time since significant mortgage servicing problems came to light, federal regulators called on Congress Wednesday to establish national standards for the foreclosure process.

The Securities and Exchange Commission has set the timetable and ground rules for when and how some mid-sized investment advisors can deregister with the federal regulatory agency and be overseen by state regulators.