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.
SEC Fines Another Advisory Firm for Form CRS Failures
By Melanie WaddellAdirondack Financial Services Corp. is in trouble with the SEC after missing its regulatory deadlines.
June 03, 2022
Medicare Turns a ProfitBut program solvency is still a headache. That could be a pain in the neck for retirement and estate planners.
June 03, 2022
A Top LPL Advisor and Advocate Talks Secure Act 2.0, DOL Fiduciary RuleLPL Government Relations Council chair Judy VanArsdale, also a top-ranked advisor, says her clients appreciate her advocacy efforts.
June 02, 2022
NAIC Rejects Need for Federal Help With Private Equity-Owned Life InsurersThe regulator group told Sherrod Brown its members see more detailed investment information than federal financial institution regulators usually get.
June 02, 2022
401(k) Group Sues DOL Over Crypto CrackdownThe lawsuit "challenges DOL's arbitrary and capricious attempt to restrict the use of cryptocurrency in defined contribution retirement plans."
June 02, 2022
Sen. Sherrod Brown Tells CEO Scharf to Fix Wells FargoWells Fargo, "unfortunately, continues to demonstrate its inability to address its longstanding risk management failures," Brown said.
June 02, 2022
Merrill to Pay Clients $15M for Share Class ViolationsFINRA ordered the firm to pay restitution and interest to thousands of customers related to Class C shares sold over a six-year period.
June 01, 2022
New Bill Would Bar DOL From Constraining 401(k) InvestmentsThe Financial Freedom Act is likely a reaction to Labor's scrutiny of crypto, Ed Slott and Fred Reish said.