Federal Regulation
Get the latest news and insights on regulatory developments affecting financial advisors and the stock market and trading, including news about the SEC, DOL, IRS and the Financial Industry Regulatory Authority.
SEC Hits Stifel, Others With $88M in Texting Fines
By Melanie WaddellStifel and Invesco will each pay $35 million over off-channel communications.
September 23, 2024
DOL Appeals Two Rulings Halting Fiduciary RuleTwo federal court decisions temporarily stopped the rule from taking effect.
September 20, 2024
SEC Fines Firm for Not Inspecting AdvisorsJordan/Zalaznick Advisers failed to spot-check the books and records or conduct inspections of advisors it supervised.
September 19, 2024
The 60/40 Glidepath Is Dead for One Simple ReasonFinancial models assuming clients will live to 85 or 90 are at increasing risk of falling short.
September 19, 2024
Biblical ETF Firm Misrepresented Its Investing Strategy: SECThe SEC fined Inspire Investing $300,000, saying it didn't follow its own screening criteria.
September 18, 2024
EF Hutton Says Its Fired CEO Stole MillionsA lawsuit alleges Joseph Rallo used firm money for lavish personal expenses, including IV drips to treat hangovers.
September 18, 2024
Bill Could Throw HSA Money to the Dogs (and Cats)Two lawmakers hope to classify some pet care spending as amounts paid for medical care.
September 18, 2024
SEC Hits First Horizon With $325,000 Reg BI FineThe charges relate to First Horizon's recommendations of structured notes after its merger with IberiaBank.