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.
FINRA Warns BDs on Alt Fund Sales Practices
By Melanie WaddellFINRA points to enforcement actions it has taken recently against several firms.
April 18, 2022
Backdoor Roth IRA Conversions: Beware the Pro Rata RuleMisunderstanding this rule is one of the biggest dangers clients face with backdoor Roths.
April 18, 2022
IRS: Here's Who Qualifies for a Tax ExtensionSome taxpayers automatically qualify, the IRS said Monday.
April 18, 2022
Treasury Blames Audit Imbalance on Underfunding of IRSA recent study found very low income households were nearly three times as likely to get audited in 2021 than wealthy households.
April 18, 2022
Taxpayers Get Crypto Jolt in Otherwise Shockingly Normal SeasonThere are now reporting requirements for purchases and sales of digital currencies and non-fungible tokens on individual returns.
April 15, 2022
Barred Broker's Probation Revoked After Unauthorized Caribbean TripThe former Raymond James and Alliance Global Partners rep had been charged with defrauding at least 100 clients.
April 15, 2022
Ex-UBS Rep Who Spent Client Money on Girlfriends' Gifts Pleads GuiltyThe former broker could spend up to 60 years in prison.
April 15, 2022
FinCEN Wants You to Help Fight Foreign KleptocratsThe reporting rules include individual annuity and individual permanent life transactions.