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 Fines Two Brokers for Reg BI Violations
By Melanie WaddellThe brokers used "frequent in-and-out trades," the regulator said.
November 16, 2023
Morgan Stanley to Pay 6 States $6.5M Over Client Data SecurityThe firm failed to erase customer information from old hard drives and servers before auctioning them off.
November 16, 2023
Labor's Retirement Unit Needs More Funds to Implement Secure Acts: GAOEBSA has been forced to cut staff even as its responsibilities grow, Rep. Bobby Scott says.
November 16, 2023
Ramaswamy Calls for Gutting SEC, Deregulating CryptoThe Strive Asset Management chairman and 2024 Republican presidential candidate wants a 75% reduction of the federal workforce.
November 15, 2023
New Tax Credit Boosts Appeal of Used Electric CarsFor taxpayers who qualify, the Section 25E credit can make buying a used electric vehicle more affordable.
November 15, 2023
DOL Denies Request to Extend Fiduciary Rule Comment PeriodLabor "does not intend to extend the comment period or delay the hearing," Lisa Gomez told SIFMA.
November 15, 2023
House Passes Amendments Killing DOL Fiduciary RuleThe amendments are attached to a spending bill that's up for debate Wednesday.
November 14, 2023
SEC Reports Its Second-Biggest Fine Total Ever for 2023The agency said it filed 3% more enforcement actions than in fiscal year 2022.