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.
New DOL Fiduciary Rule Plan Coming Soon, Top Official Says
By Melanie WaddellLisa Gomez, the official in charge of the fiduciary rulemaking, also noted that Secure 2.0 implementation was underway.
May 10, 2023
Climate Impact Rule Likely on the Ropes: SEC RoundupThe SEC didn't adequately consider whether investors even care about climate disclosures, former commissioner Paul Atkins says.
May 09, 2023
SEC Custody Rule Plan Would Hurt Annuity Access: IRIThe trade group wants the SEC to add an exception to allow insurers to act in lieu of qualified custodians.
May 05, 2023
Raymond James Preps for DOL's Independent Contractor ProposalLeaders at Raymond James say they're getting ready for both best- and worst-case scenarios.
May 05, 2023
SEC Marketing Rule Enforcement Actions Could Be on Their WayRecent SEC exams have found "serious" marketing rule-related deficiencies, IAA's associate general counsel says.
May 05, 2023
What the Broker-Dealer Industry Looks Like Now, in 5 ChartsThe number of registered reps increased for the first time since 2015.
May 05, 2023
Oppenheimer Ordered to Pay Another $14M Over Ponzi SchemeA FINRA arb panel ruled against Oppenheimer for a third time after clients were steered to invest in a sketchy fund.
May 05, 2023
SEC Hits Firm, Advisor Over Leveraged ETFs in PortfoliosThey breached their fiduciary duty by failing to understand these funds' substantial risks, the SEC said.