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.
Prudential Agrees to Group Life Claim Changes in DOL Settlement
By Allison BellThe insurer agreed to limit challenges based on the insureds' insurability after Labor took issue with denied claims.
April 19, 2023
Senate Panel to Consider Su's Labor Secretary Nomination ThursdayJulie Su has faced Republican criticism for supporting a California law classifying more independent contractors as employees.
April 19, 2023
Biden Order Could Create Federal Long-Term Care Benefits DemandSome federal contractors are supposed to consider adding LTC support.
April 18, 2023
Betterment to Pay $9M SEC Fine for Tax Loss Harvesting MisstatementsTechnical issues cost 25,000 clients a total of $4 million in tax savings, the regulator said.
April 18, 2023
SEC Is Mulling Reg BI Rewrite: LawmakerA Republican congressman warned that attempting to rewrite the rule through guidance or FAQs could violate the law.
April 18, 2023
DOL to Appeal Rollover Decision; New Fiduciary Rule Expected by End of SummerThe news that an appeal is coming leaves advisors in a tough spot, attorney Fred Reish tells ThinkAdvisor.
April 14, 2023
Galvin Appeals Robinhood Ruling That Struck Down State's Fiduciary RuleThe office of Massachusetts' top securities regulator said oral arguments in the case are now set for May 3.
April 14, 2023
FINRA's Expungement Rules Just Got TougherThe new rule imposes stricter standards on "straight-in" expungements and sets up a special roster of arbitrators.