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-Broker Gets 20 Years in Prison Over Ponzi, COVID-19 Fraud Schemes
By Jeff BermanChristopher Parris took $7.4 million in advance payments for N95 masks he knew he couldn't deliver.
December 22, 2022
Debate: Should Congress Crack Down on Crypto?Two financial experts argue whether stronger regulations on cryptocurrency would hurt or help ordinary Americans.
December 22, 2022
12 Life and Annuity Changes in $1.7T Spending BillThe bill has several provisions to make it easier to annuitize workplace retirement plan assets.
December 21, 2022
Private Jet Costs, Sketchy Deductions Among Red Flags in Trump TaxesHis returns include $126.5 million in write-offs over five years tied to sales from an entity that didn't appear to be selling anything.
December 20, 2022
10 Tax Questions Self-Employed Clients Might AskWhether your client's business is a side hustle or a main gig, they face some complicated tax rules.
December 20, 2022
House Panel Votes to Release Trump's Tax Returns to the PublicThe vote caps a three-year legal saga initiated by Democrats to obtain and release the documents.
December 20, 2022
Ex-Merrill Advisor Who Threw Smoothie Catches FINRA's Eye Over Cash TransactionsFINRA says James Iannazzo structured cash transactions in his personal accounts to avoid federal reporting requirements.
December 20, 2022
Wells Fargo to Pay $3.7B for Mistreating ClientsThe action includes a $1.7 billion fine tied to issues with the bank's car loans, mortgages and deposit accounts.