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 Has No Way to Track RIA Arbitration Stats, Unpaid Awards
By Melanie WaddellA report commissioned by Congress reveals "an informational black hole" surrounding RIAs' use of arbitration, an attorney says.
June 28, 2023
Where a Medicare Advantage Broker Comp Proposal Falls ShortA field marketing office owner says agents deserve better.
June 28, 2023
SEC's Fund Liquidity Plan Hurts Retirement Savers, Lawmakers SayThe "hard close" for trades in the proposal "limits Americans' ability to trade in mutual funds," lawmakers say.
June 28, 2023
42 Dropped Cases, 48 Lifted Bars, One Big 'Disaster': SEC RoundupA breach in the SEC's in-house judicial system highlights a major underlying problem, two attorneys say.
June 28, 2023
Ex-Merrill Rep Who Threw Smoothie Hit With FINRA Complaint on Cash TransactionsJames Iannazzo deposited and withdrew $568,440 in small increments to avoid bank reporting requirements, FINRA says.
June 28, 2023
Here's What a 'Trusted Contact' Is, and Isn't: FINRA ExecMany investors mistakenly think a trusted contact can trade in their account, Jim Wrona says.
June 28, 2023
Wells Fargo Investor Seeks Files in Probe Over Fake Interviews for Diverse CandidatesA Florida pension fund is demanding files about a possible criminal probe into whether the bank violated federal law.
June 27, 2023
IRS to Pilot Free Tax Filing Tool in 2024Sen. Warren and other Democrats are applauding the IRS announcing it is "taking steps to begin a pilot project for the 2024 filing season."