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 Firm With $85K Reg BI Fine
By Melanie WaddellLifeMark Securities and a registered rep must each pay fines and return some funds to a semi-retired client.
July 26, 2024
DOL Fiduciary Rule Halted by Texas CourtThe delay of the Sept. 23 effective date kicks off a "long litigation journey," an ERISA lawyer says.
July 26, 2024
Morgan Stanley Rep Fined for Making Unauthorized Trades, Texting ClientThe firm has agreed to pay more than $15 million in arbitration cases tied to the rep's conduct.
July 25, 2024
What the BD Industry Looks Like Now, in 5 ChartsFINRA's annual snapshot shows that the number of firms continue to decrease as the number of reps increases.
July 25, 2024
UBS Grilled Over $350M Tax Evasion CaseA senator is looking into accounts held by a former military contractor who sold $7 billion of jet fuel to the U.S.
July 25, 2024
It's Time for a Reg BI Crackdown at SEC: Ex-CommissionerThe rule is falling short of its goal and Form CRS is "bad," former SEC Commissioner Robert Jackson says.
July 24, 2024
MarketCounsel Announces 2024 Summit PlansThe RIA-focused event, led by Brian Hamburger, takes place in December in Las Vegas.
July 24, 2024
741 BDs Opt In to FINRA Home Office InspectionsOpt-ins are highest among large firm and represent 22% of the industry, FINRA says.