Regulation

John Harris wants the Securities and Exchange Commission to die. And the Texas native told it so, in no uncertain words, in a comment letter on August 12.

A closer look at the comments streaming in to the SEC regarding a new fiduciary standard.

Pinnacle Capital Markets has once again has been slapped with a fine for inadequate anti-money laundering and customer identification procedures involving foreign investors using its direct market access system.

The fallout from the financial reform bill is still up in the air, but the wealth management industry expects compliance and service costs to rise.

At a hearing on "too big to fail" institutions, commissioners questioned if the new systemic risk council would have the political will to break up risky firms and raised concerns about "living wills."

The Securities and Exchange Commission Thursday announced that it has adopted a temporary rule requiring municipal advisers to register with it by Oct. 1 in order to comply with the recently enacted Dodd-Frank Wall Street Reform and Consumer Protection Act.

SEC reprieve for money funds that would require them to approve of the credit rating agencies they must use to determine whether a security is eligible for investment.

Roughly two years after its near collapse, critical questions about the fall of Wachovia remain unanswered

The Securities and Exchange Commission has given money market funds a reprieve from following an amendment to money market fund regulations requiring them to approve of the credit rating agencies they must use to determine whether a security is eligible for investment.

Two advisor trade groups - the Securities Industry and Financial Markets Association and Financial Planning Coalition, which consists of the Certified Planner Board of Standards, the Financial Planning Association and the National Association of Personal Financial Advisors - finally sent in their comment letters to the Securities and Exchange Commission regarding Section 913 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, or what the Commission should do about enforcing a blanket fiduciary standard for all financial advisers.