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.
LPL Fined $300K Over Client-Reserve Errors
By Jeff BermanThe firm's mistakes resulted in two deficiencies totaling about $162 million, FINRA says.
August 11, 2022
Envestnet Institute On Campus Adds Franklin Templeton as Sponsor: Tech RoundupAlso, LinkedIn's latest compliance partner is RIA in a Box.
August 11, 2022
Sen. Warren Blasts Fed for Withholding Trading RecordsAlso this week, some Republican lawmakers vowed to create legislation that will compel the Fed to disclose certain information to Congress.
August 11, 2022
Barred Broker Sentenced to 5 Years in Prison Over $7M Ponzi SchemeThe ex-broker used clients' funds on credit card and country club payments, as well as Red Sox tickets.
August 10, 2022
IRS Posts 2023 Employer Coverage Affordability LimitsRevenue Procedure 2022-34 will affect whether clients get ACA health premium subsidies.
August 10, 2022
SEC Proposes More Changes to Private-Funds FormThe proposal "would improve the quality of the information we receive from all Form PF filers," says SEC Chair Gary Gensler.
August 10, 2022
Morgan Stanley Sued by Ex-Broker Over Arb AwardThe firm's former registered rep alleged he was wrongfully terminated and defamed by the wirehouse.
August 09, 2022
Wells Fargo Wins Appeal in FINRA Arb Case"Nothing indicates that Wells Fargo manipulated the arbitrator pool," the appeals court in Georgia ruled.