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.
Morgan Stanley Wealth Management Draws Fed Scrutiny
By Sridhar Natarajan & Katanga JohnsonThe regulatory focus is on measures to prevent potential money laundering by non-U.S. wealthy clients.
November 08, 2023
18 Trade Groups Press DOL to Extend Fiduciary Rule Comment PeriodThe plan "makes significant and unanticipated changes to the current regulatory framework," groups including SIFMA argue.
November 08, 2023
Citigroup to Pay $25.9M for Armenian-American DiscriminationFrom 2015 to 2021, it singled out credit card applicants suspected of being of Armenian descent based on their surnames.
November 07, 2023
New DOL Fiduciary Rule Will Face Lawsuit, Former Treasury Official SaysLawsuits tanked the 2016 rule, but the new one is "less broad," Ben Harris of Brookings says.
November 07, 2023
Get Clients Ready for 2026 Tax Hikes NowTax liabilities for most Americans will likely rise when much of the Tax Cuts and Jobs Act expires.
November 07, 2023
IRA Rollovers and Taxes: What to Know as New DOL Fiduciary Rule LoomsUnderstanding tax implications of when moving money out of a 401(k) is crucial to giving advice in clients' best interest.
November 06, 2023
House Spending Bill Kills SEC Custody Rule, Curbs CAT Data CollectionThe agency would be blocked from using funds to finalize, implement or enforce a host of rules.
November 06, 2023
Here Are the 'Big-Picture' Principles of New Fiduciary Rule: DOL OfficialTim Hauser of the Employee Benefits Security Administration described the guiding principles behind the new fiduciary definition.