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.
Wells Fargo Fires Over a Dozen for 'Simulation of Keyboard Activity'
By Hannah LevittThe staffers, all in the firm's Wealth and Investment Management unit, were discharged after faking work.
June 11, 2024
What to Expect From American College's New Tax CertificationThere are already more than 2,000 advisors on the waiting list for the forthcoming three-course program.
June 11, 2024
Hearsay Sold to Yext for More Than $125MAn extra $95 million could be paid to Hearsay if certain post-deal performance targets are hit.
June 10, 2024
FINRA Slaps BD With $250K Finfluencer FineInfluencers paid by TradeZero America made exaggerated claims on the firm's behalf, FINRA says.
June 07, 2024
Supreme Court Rules Against Estate in Business Buy-Sell CaseA stock redemption agreement didn't offset the value of the life insurance used the arrangement, the justices found.
June 06, 2024
Ex-Broker Charged With Bilking at Least 17 Clients in $2.7M FraudJared Dean Eakes gained access to the clients by buying books of business under false pretenses, prosecutors say.
June 06, 2024
Two Exceptions to FTC's Non-Compete BanThere are limited exceptions to the ban, which is effective Sept. 4.
June 06, 2024
SEC Hit With Lawsuit Over Texting SweepA trade group says the SEC was unclear on how penalties were calculated and why it targeted certain firms.