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.
2021 News of the Year
By Jeff Berman, Bernice Napach, Ginger Szala and Melanie WaddellWe review the major developments affecting financial advisors — from Wall Street to Washington — over the past 12 months.
November 19, 2021
SEC Fines Jumped by a Third in 2021The SEC levied more than $1.4 billion in penalties in fiscal 2021 and filed 7% more new enforcement actions than a year ago.
November 18, 2021
SEC Bars Stock Trading Webcast Host Over Pump-and-Dump SchemeThe SEC and DOJ previously charged him with securities fraud in separate actions.
November 17, 2021
FINRA Makes Big Adjustments to CE RulesThose registered with FINRA must now complete continuing education requirements yearly instead of every three years.
November 17, 2021
SEC Moves to Reverse Trump-Era Restrictions on Proxy Advisory FirmsThe plan would end requirements that proxy advisory firms share recommendations with executives and shareholders.
November 17, 2021
FINRA: Ex-Northwestern Mutual Rep Misused Funds Raised for Kids' Cancer CharityFINRA barred the broker for allegedly sending donated funds to his own bank account instead of the charity they were supposed to go to.
November 17, 2021
SEC Charges Firm, Founder in Opportunity Zone Fund ScamThe founder of Activated Capital LLC defrauded at least 14 investors out of $6.3 million, the SEC says.
November 17, 2021
House Panel Passes Bill to Prohibit BDs, Advisors From Requiring ArbitrationThe House Financial Services Committee also passed bills to protect seniors and rein in SPAC fees.