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.
The DOL Should Drop Its Fiduciary Rule Project
By Wayne ChopusThe CEO of IRI makes the case that it's time to focus on enforcing existing rules.
August 03, 2023
Wells Fargo Customers Complain of Missing DepositsCustomers said deposits made in branches and remotely Wednesday had disappeared Thursday.
August 03, 2023
Health Ministry Plans Begin to Set Their Own RulesThey're free from ACA requirements, but the GAO found they want to curb bad practices.
August 02, 2023
IRS to Digitally Process All Tax Returns by 2025By the 2024 filing season, taxpayers will be able to go paperless if they choose to.
August 01, 2023
Ex-Cetera Advisor Charged With Defrauding Older Client Out of $2.4MThe SEC also alleges the advisor liquidated the client's holdings and transferred the proceeds to her own accounts.
August 01, 2023
ETF Managers Group, Founder Hit With $4.4M SEC PenaltySamuel Masucci and his firms entered into "a prohibited joint transaction" to obtain $20 million in rescue financing to avoid a possible bankruptcy.
August 01, 2023
FINRA Posts Life Settlement Guide for ConsumersThe organization warns of concerns but says policy sales might make sense for some.
July 31, 2023
BDs' Anti-Money Laundering Policies Fall Short: SECSome broker-dealers "did not appear to devote sufficient resources, including staffing, to AML compliance," the regulator said.