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.
Senate Retirement Bill Could Include LTCI Premium Provision
By Allison BellAn amendment could let taxpayers use tax-exempt retirement plan distributions to pay LTCI premiums.
June 16, 2022
SEC Seeks Comment on 'Information Providers' Acting as AdvisorsSEC wants to know which index providers, model portfolio providers and pricing services might fit the definition of an investment advisor.
June 16, 2022
In First Reg BI Action, SEC Hits BD Over Sales of Risky Bonds to RetireesConsumer advocate Micah Hauptman says he's glad to see the rule enforced "in a way that should send a strong message."
June 15, 2022
Treasury's FinCEN Sends Elder Financial Exploitation AdvisoryOne red flag could be unusual changes in contact information.
June 15, 2022
Rep. Neal Asks Government Watchdog to Study Hazards of Crypto in 401(k)sConcerns have arisen about the risks to older Americans who invest in cryptocurrencies in 401(k)s, Neal told GAO.
June 14, 2022
ESG Plan Fails to Protect Retail Investors: SEC RoundupThe plan likely exceeds the SEC's authority, says Larry Cunningham, George Washington Law School professor of corporate governance.
June 13, 2022
Schwab to Pay SEC $186M Over 'No Hidden Fee' Claims for Cash-Heavy RoboIntelligent Portfolios' cash allocations, up to 29%, made money for Schwab while reducing returns, the SEC said.
June 10, 2022
The IRS' Dirty Dozen: 12 Tax Scams to Avoid in 2022In addition to pandemic-related scams, this year's list warns of spear phishing and bogus tax-avoidance strategies.