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 on Supervision: Not a Boss, Not Your Problem (Even If You're a CCO)
By Melanie WaddellCCOs are not automatically supervisors and subject to enforcement action, the regulator says.
March 16, 2022
Get Ready for New DOL Rollover Rules on July 1Starting on this date, specific reasons for each rollover recommendation must be put in writing.
March 16, 2022
DOL Withdrawal of Independent Contractor Rule Violated Law, Judge RulesFSI says the rule gives advisors and firms certainty that they are indeed independent.
March 16, 2022
Ex-LPL, Wells Rep Stole $500K, Gambled With Client Money, Prosecutor SaysIf convicted of stealing over $500,000 from clients, the barred broker faces a maximum of 65 years in prison.
March 16, 2022
DOL's New Rollover Rules Are Coming. Here's How to Be ReadyWhile most parts of the PTE are in effect, the rollover rules will be enforced starting July 1.
March 16, 2022
FINRA Plans New Rule to Accelerate Arb Cases for Those Who Are Ill, Over 75A new rule to the Codes of Arbitration Procedure would allow any party to request accelerated processing of an arbitration proceeding under certain criteria.
March 15, 2022
IRS Rules on an Estate That Inherited an IRAThe agency let the surviving spouse roll the IRA assets into another IRA without paying extra federal income taxes.