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 Charges Firm With Inflating AUM on Form ADV
By Melanie WaddellVista Financial Advisors repeatedly failed to corroborate its asset levels, the SEC said.
September 25, 2023
SEC Fines Firm $1M Over Marketing Rule ViolationsWellesley Asset Management made material misstatements and omissions in marketing materials about a bond index it created.
September 25, 2023
Deutsche Bank Unit to Pay $25M to Settle SEC ProbesThe fine is the biggest ever that the SEC has handed out over allegations of greenwashing.
September 22, 2023
SEC Hits Wisconsin BD With Reg BI FineThe firm's policies and procedures contained Reg BI language but weren't tailored to its business, the SEC said.
September 22, 2023
Goldman Sent Inaccurate Data to the SEC on 163M TradesThe bank agreed to pay a $6 million fine.
September 22, 2023
5 Broker Behaviors That Should Raise a Red FlagFINRA is warning investors to be wary of certain behaviors by their brokers that can signal likely misconduct.
September 21, 2023
FINRA: Broker Barred After Investing $2M Without Firm's ApprovalHilltop Securities affiliate Momentum Independent Network fired the broker over the unapproved investments, FINRA said.
September 20, 2023
New IRS Unit to Focus on Tax Dodging by Pass-ThroughsThe unit will crack down on large partnerships using pass-throughs to shield income, IRS' commissioner said.