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.
More Advisors Would Have Custody Under New SEC Plan. Here's How.
By Melanie WaddellThe Safeguarding Rule would cover more advisor activities and require "extensive" new relationships with custodians, legal experts say.
February 16, 2023
DOL Rollover Guidance Is Not Dead, Lawyer Warns"I wouldn't run out and change my policies and procedures right now," says ERISA attorney Brad Campbell.
February 15, 2023
SEC Votes to Expand Advisor Custody RuleThe rule's broader scope will include any client assets of which an advisor has custody, including cryptocurrencies.
February 15, 2023
Sen. Wyden Urges CMS to Enact Medicare Advantage Marketing ChangesThe agency recently made proposals to crack down on deceptive marketing and improve provider directories.
February 14, 2023
FINRA Reviews Comments on Machine-Readable RulebookThe comment period on the initiative is open until Feb. 21.
February 14, 2023
DOL Fiduciary Rollover Guidance Struck Down by Florida CourtThe American Securities Association challenged Labor's declaration that rollover advice was fiduciary advice.
February 13, 2023
FINRA Fines Long Island BD Over Reg BIThis is FINRA's third Reg BI-related enforcement action this year.
February 13, 2023
DOL Wants Feedback on Retirement Plan Loan FixesSecure 2.0 widens "the range of operational failures for which self-correction is available," attorneys say.