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.
Debate: Were Texas Courts Right to Pause DOL Fiduciary Standard?
By Robert Bloink | William H. ByrnesThe injunction applies to both the investment advice fiduciary standard itself and amendments to PTE 84-24.
August 07, 2024
Escape From the QLAC: IRS Clarifies Rules on Longevity Annuity ExchangesWhat if a client buys one of the new-generation deferred income annuities and wants to replace it?
August 07, 2024
SEC Probes Morgan Stanley, Wells Fargo Over Cash Sweep AccountsThe disclosures come as several firms face lawsuits saying they raked in profits while paying miserly interest rates.
August 07, 2024
Senators Probe Social Security Administration's AI UseThe Finance Committee is exploring how the agency is ensuring that its systems "are being deployed responsibly."
August 06, 2024
Estate Tax Exemption Clock Is Ticking Even Faster for These Wealthy ClientsPrivate equity owners and investors have complicated moves to make in the coming months.
August 06, 2024
BD Fined for WSPs With No Mention of Reg BIJVM Securities' written procedures discussed Reg BI but were not tailored to its business, FINRA said.
August 06, 2024
Morgan Stanley Says SEC Seeks Info On Cash Balance SweepsThe wirehouse has been speaking with the SEC and responding to its requests since April, it disclosed Monday.
August 05, 2024
Social Security Claiming: The Case of the Pension OffsetIn this case study, the wife must contend with two Social Security rules that hit some retirees with pensions.