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 RIA With $430K Marketing Rule Fine
By Melanie WaddellPacific Financial's hypothetical performance ads were disseminated on its website rather than to an intended audience.
August 08, 2024
IRS Clarifies RMD Options for Surviving Spouses Under Secure 2.0The agency's long-awaited RMD guidance answered some questions about new options for these beneficiaries.
August 08, 2024
Advisors' Biggest Problem With the SEC's Marketing RuleA new survey finds more than a third of firms are unclear on the meaning of one key term.
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.