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.
Secure 2.0 May Stabilize the Long-Term Care Toolbox: Howard Sharfman
By Allison BellThe veteran wealth planner thinks Section 334 will give the insurers still in the LTCI market a reason to stay.
January 11, 2023
The IRS Needs Billions to Make TrillionsUnderfunding the Internal Revenue Service allows scofflaws to go unpunished and will increase the budget deficit.
January 11, 2023
Taxpayer Service Expected to Improve in 2023, IRS SaysThe IRS faces "a difficult balancing act with its current resources," Taxpayer Advocate Erin Collins tells lawmakers.
January 11, 2023
Secure 2.0 Is Here, but Expect a Slow RolloutSome of the changes mandated in the law may take years to materialize — if they ever do.
January 11, 2023
House Votes to Strip IRS Funds Intended to Catch Tax CheatsThe provisions call for $80 billion to be spent to boost auditing, customer service and computer systems.
January 10, 2023
Former Broker Pleads Guilty to Filing False Tax ReturnThe ex-broker filed individual income tax returns omitting installment payments related to the sale of his advisory firm.
January 10, 2023
Ex-Broker Gets Over 5 Years in Prison for $2.9M Securities SchemeThe former broker diverted clients' funds to repay previous investors and for his own use, according to DOJ.
January 10, 2023
4 Top FINRA Exam Priorities in 2023A new FINRA report alerts BDs on areas where their compliance efforts might need a bit of beefing up.