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.
Ex-Mutual Fund Head Sentenced to 4 Years in Prison for Advisor Fraud
By Jeff BermanThe Income Collecting 1-3 Months T-Bills Mutual Fund was used to defraud investors, a judge ruled.
May 19, 2023
More Sweeps, Reg BI Cases on the WayMore Reg BI-related cases are "in the pipeline," said Christopher Kelly, FINRA's acting enforcement director.
May 19, 2023
Study Up! SEC Reg BI Bulletins Will Be Used in Exams, Compliance Pros SayThe bulletins are "essentially a roadmap" to what examiners will focus on, Commonwealth's Peggy Ho says.
May 17, 2023
Kate Healy to Leave Center for Financial Planning PostShe will step down as managing director of the CFP Board's Center for Financial Planning to open a consulting practice.
May 17, 2023
New Law Firm Offers Flat-Fee Service for Advisors in Retirement SpaceFounding partner Bonnie Treichel says Endeavor Law offers flat-fee solutions for legal issues normally billed hourly.
May 17, 2023
FINRA Plans More Remote Work RulesAlso under consideration is an update to FINRA's outside business activity rule, according to CEO Robert Cook.
May 16, 2023
Revised CFP Board Procedural Rules Coming Sept. 1The role of Disciplinary and Ethics Commission Counsel has been expanded, according to the board.
May 16, 2023
Ex-Advisor, Minister, Gets 10 Years for Real Estate SchemeThe former CFP was ordered to pay $1.6 million in restitution after allegedly misleading clients on rental property investments.