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.
Jury Convicts Ex-Broker Who Lived Lavish Lifestyle Instead of Paying Taxes
By Jeff BermanJames Millegan concealed millions of dollars from the IRS, according to court documents.
November 14, 2022
SEC Fines S&P Global Ratings $2.5M Over Conflicts of InterestSales and marketing considerations improperly influenced the rating of a mortgage-related transaction, the SEC said.
November 14, 2022
FINRA Bars Ex-Morgan Stanley Rep Who Steered Clients to Outside InvestmentsThe ex-broker recommended unapproved outside real estate investments to clients, FINRA said.
November 14, 2022
CFP Board Seeks Comment on Enforcement Rule ChangesThe proposed revisions to the Procedural Rules address several issues raised by CFPs and others, the board said.
November 14, 2022
Gridlock Is a 'Perfectly Acceptable Scenario' for Markets: ValliereBut Secure Act 2.0 is likely to pass no matter who wins the House, says Jeff Bush of The Washington Update.
November 12, 2022
Ex-Broker Pleads Guilty To Stealing $500K From ClientsJennifer Campbell, 47, faces a maximum penalty of 20 years in prison and a $250,000 fine.
November 11, 2022
FTX Meltdown Has 'Whiffs' of Enron-Like Scandal: Summers"This is probably less about the ... rules of crypto regulation" than it is about classic financial fraud, says former Treasury Secretary Larry Summers.
November 11, 2022
Important Deadline Approaching for Clients Who Tapped 401(k)s During PandemicEnsure these clients are reaping the tax benefits afforded to them under the CARES Act.