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.
Debate: The New 1% Tax on Stock Buybacks
By Robert Bloink | William H. ByrnesTwo tax experts offer differing views regarding the likely effects of the stock buyback tax, which should be signed into law today.
August 15, 2022
Senate Finance Chair Asks Blackstone Unit for Private Placement Life DetailsSen. Ron Wyden says wealthy families might be using PPLI to cut taxes, without a genuine insurance purpose.
August 15, 2022
IRS to Hike Interest Rates for Q4A 6% overpayment and underpayment rate will apply to most taxpayers starting Oct. 1.
August 15, 2022
Ex-Pruco Securities Rep Suspended by CFP Board Over Child Porn ChargesThe news follows the arrest in Delaware and charging of the former broker with five counts of dealing in child pornography.
August 15, 2022
Regulators Work to Keep Hot Annuity Products FairDraft guidelines could affect what happens when RILA holders pull cash out early.
August 15, 2022
How the U.S. Toppled the World's Most Powerful Gold TraderLast week, former JPMorgan employee Michael Nowak was convicted on 13 counts and now faces the prospect of decades in prison.
August 12, 2022
The Inflation Reduction Act's Impact on Your Client's Bottom LineThe act, being voted on Friday, would raise taxes on some corporations, reduce drug costs and tackle climate change.
August 12, 2022
LPL Fined $300K Over Client-Reserve ErrorsThe firm's mistakes resulted in two deficiencies totaling about $162 million, FINRA says.