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.
Kim Kardashian Poised to Beat Investor Suit Over Crypto Hype
By Peter BlumbergKardashian settled without admitting or denying SEC allegations and agreed to refrain from touting any more digital assets for three years.
November 08, 2022
Wells Fargo Facing Record $1B-Plus FineThe bank is under pressure from the Consumer Financial Protection Bureau to settle investigations into the mistreatment of clients.
November 07, 2022
IRS Expands 401(k) Tax-Favored Approval Process to 403(b)sCertain groups can soon use the same IRS process as qualified retirement plans when applying for tax-favored treatment.
November 07, 2022
What Advisors, Clients Should Know About Political DonationsDirect contributions aren't tax deductible, but there are ways to support candidates and causes with a tax break.
November 07, 2022
Kitces, Other Advisors Stunned by Rude Advisor Sanctioned by CFP Board"Wow, this was a wild ride," said Michael Kitces about David R. Nute, who told his prospective client that her reactions "tell me why your husband left you."
November 07, 2022
Feds Score $3B Crypto SeizureProsecutors seized almost $3.4 billion in Bitcoin from a property developer who scammed the dark web marketplace Silk Road.
November 07, 2022
New SEC Marketing Rule: How to Use TestimonialsThe rule unlocks a broad range of new advertising avenues for advisors but comes with several compliance-related minefields.
November 07, 2022
Hot Annuities Face SEC Form ReviewersFor one agency staffer, a major RILA turnoff is vanishing crediting rate strategies.