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.
UBS Backs Ethic Asset Management Platform: Tech Roundup
By Jeff BermanAlso, Hearsay Systems is adding new functionality to help advisors comply with the SEC's new Marketing Rule.
September 14, 2022
Judge Orders Ambassador Advisors to Pay $2M Over 12b-1 Fee InfractionsIn March, a jury ruled in favor of the SEC against Ambassador Advisors and three of its executives.
September 13, 2022
SEC Charges BNY Mellon, Oppenheimer, Other Firms With Municipal Disclosure FailuresIn first of its kind actions, SEC said four firms sold new issue municipal bonds without obtaining required disclosures for investors.
September 13, 2022
How Does Congress Feel About Crypto? Ric Edelman Asks Rep. Jim HimesThe Connecticut congressman discusses the need for a central bank digital currency and for federal regulation of crypto.
September 12, 2022
Advisors Cast a Wary Eye on 401(k) AnnuitizationIn an advisor survey, most respondents said offering annuitization as a default option at retirement would be harmful.
September 12, 2022
Wells Fargo to Pay $145M Over Company Stock in Its 401(k) PlanWells Fargo and a plan trustee caused the plan to overpay for stock, according to the Labor Department.
September 12, 2022
10 Top Ways to Use Life Insurance in Charitable GivingThe author sees plenty of untapped potential in a huge, little-noticed asset class.
September 09, 2022
SEC 12b-1 Fee, Custody Rules Likely Out by Year-EndBoth rules "are currently in the works," says compliance consultant Amy Lynch.