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By Melanie Waddell, AdvisorOne |
January 18, 2012
Lawmakers took regulators to task on Wednesday over their proposal to implement Section 619 of the Dodd-Frank Act, commonly referred to as the Volcker rule, citing the proposed rule’s complexity as well as its costs.
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By Melanie Waddell, AdvisorOne |
October 12, 2011
A day after being approved by the FDIC, the SEC approved the proposed rule implementing the Volcker rule, mandated under Section 619 of Dodd-Frank.
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By James J. Green, AdvisorOne |
October 11, 2011
Wall Street firms decry proposed rules to take effect in July 2012; FDIC will accept comments until Jan. 13.
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By Marlene Y. Satter |
September 15, 2011
This week in new hires, the Senate Banking Committee approved several SEC nominations; Michael Gregg was welcomed at The Hartford; Tom Douie rejoined Neuberger Berman; and Carl Steinhilber and Roderick Toppin went to MassMutual.
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By Melanie Waddell, AdvisorOne |
July 18, 2011
At the one-year anniversary of Dodd-Frank, the GAO has released a list of 11 federal agencies' reported funding and staff resources needed to implement Dodd-Frank until 2012.
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By Melanie Waddell, AdvisorOne |
March 31, 2011
Market participants are objecting to a proposal by Moody’s Investor Service to rate money market funds by partially relying on a fund sponsor’s ability and willingness to support a “distressed fund”—that is, a fund that’s about to “break the buck” or is in financial distress.
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By Melanie Waddell, AdvisorOne |
February 17, 2011
Republican senators want to extend the comment periods on rule proposals and conduct more “rigorous” analysis on those rules—including one on putting brokers under a fiduciary standard of care.
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By Melanie Waddell, AdvisorOne |
December 1, 2009
As we enter the final month of 2009, the financial services industry anticipates some type of reform from Washington by year-end, but the consensus is...
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By Arthur D. Postal |
November 11, 2009
The Restoring American Financial Stability Act of 2009 discussion draft is long enough to have room for many troubling provisions, insurance industry Congress watchers say.
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By Melanie Waddell, AdvisorOne |
August 1, 2009
Financial services reform continues to unfold, with two pieces of legislation being sent to Capitol Hill in July aimed at protecting investors--the first establishing a...
