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.
Merrill to Pay $1.4M Over Cold Calling
By Jeff BermanAdvisor trainees called numbers on do-not-call lists, according to New Hampshire regulators and FINRA.
May 03, 2023
$20M Securities Scam Targeted Church Members, DOJ, SEC SayThe scammer invoked his Christian faith and attributed his success to divine intervention, the SEC said.
May 03, 2023
SEC Boosts Private Fund Reporting RequirementsFund advisors will be required to make timely reports of certain events that could point to stress or systemic risk.
May 02, 2023
4 Must-Knows for Advisors in SEC's New Reg BI GuidanceWhile aimed at BDs, the guidance helps clarify the care obligation for advisors, compliance expert Amy Lynch says.
April 28, 2023
New Bill Seeks to Clarify Independent Contractor StatusThe Financial Services Institute cheered the bill, saying it would protect the status of independent advisors.
April 28, 2023
Lawyer Breaks Down SEC's Sweep of Advisors' TextsThe SEC is requiring that firms retain business communications but hasn't defined what that means.
April 27, 2023
Debate: Should Accredited Investor Rules Be Loosened?Our tax experts discuss whether lowering the requirements to qualify as an accredited investor would benefit average Americans.
April 27, 2023
House Panel Passes Accredited Investor BillsOne of the bills would deem clients of investment advisors who receive individualized advice to be accredited investors.