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.
DOJ Arrests Chinese Billionaire and Steve Bannon Associate in $1B Fraud Scheme
By Jeff BermanExiled businessman Guo Wengui, an associate of the former White House advisor, was "a serial fraudster," according to the SEC.
March 14, 2023
SEC Getting More Aggressive With Advisor Exams, Ex-Directors Say"We've seen a significant expansion in scope for exams," former SEC exam director Carlo di Florio says.
March 14, 2023
Siegel, Sonnenfeld: Fed 'Shrapnel' Killed Silicon Valley BankTightening monetary policy further now "is a surefire recipe for disaster," the Wharton and Yale professors write.
March 14, 2023
SVB Had No Chief Risk Officer for Months"It's like having an airplane without a pilot," said Charles Elson, a retired professor of corporate governance at the University of Delaware.
March 13, 2023
SVB Collapse Is 'First Twitter-Fueled Bank Run': LawmakerRep. McHenry says he and other lawmakers are "assessing the right path forward"; Valliere anticipates "lots" of hearings.
March 13, 2023
'We've Just Lived Through a Financial Accident': Mohamed El-Erian"People are revisiting rightly the value of bank stocks and bank bonds," Allianz's chief economic advisor said.
March 13, 2023
Bank-Rescue Doubts Persist as First Republic Shares PlummetThe company's stock plunged a record 70% Monday morning.
March 12, 2023
U.S. Rushes to Avert Crisis With SVB Deposit Guarantee, Bank FundFederal authorities moved to address concerns Sunday, when Signature Bank was closed by state regulators.