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.
JPMorgan Fined $348M for Gaps in Trading Surveillance
By Sally BakewellThe Federal Reserve said the bank's inadequate monitoring practices occurred between 2014 and 2023.
March 13, 2024
DOL Fiduciary Rule Is Long Overdue, CFP Board's Top Lawyer SaysLeo Rydzewski discusses why he thinks the time is now and addresses insurance industry objections.
March 13, 2024
CFP Board to Publish Disciplinary Records of Some New CFPsPublic notice will be sent as a news release as part of the Board's change to its sanction guidelines.
March 13, 2024
Credit Suisse Client in Tax Dodge Case Gets $15M BailDan Rotta, 77, was arrested Saturday in Miami and must remain under house arrest with electronic monitoring, a federal judge ruled.
March 12, 2024
Treasury Proposes Curbs on Use of Life and Annuities in Wealth PlanningClients might have to pay ordinary income taxes and a 10% penalty on cash taken from the arrangements.
March 12, 2024
IRS Launches Direct FileThe Treasury Department estimates that one-third of federal tax returns could be prepared using the pilot program.
March 12, 2024
More IRA Mistakes Clients MakeSome missteps are relatively easy to correct; others are more serious.
March 12, 2024
FINRA Suspends Ex-Rep Over Reg BI ViolationsThree clients experienced excessive and unsuitable trades that were not in their best interest, FINRA said.