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.
Bogus Broker Pleads Guilty to Securities Fraud, Faces Up to 25 Years in Prison
By Jeff BermanThe scammer posed as a broker and obtained over $2.7 million from at least 19 investors, prosecutors say.
November 16, 2021
Financial Firms Eye Up Instagram, YouTube; Compliance Pros Remain WarySocial media poses a reputational risk to firms as it explodes in volume and complexity, according to Hearsay Systems.
November 16, 2021
SEC Whistleblower Program Had Biggest Year Ever in 2021The commission made more whistleblower awards in FY 2021 than in all prior years combined, said the acting chief of the whistleblower office.
November 15, 2021
This Tax Break Can Save Ultra-Wealthy Clients MillionsThe qualified small-business stock capital gains exclusion can help founders and early-stage employees avoid taxes.
November 15, 2021
Ex-J.P. Morgan Rep Claimed He Ran Gardening Business to Get COVID Loan: FINRAFINRA has suspended the former broker from the industry for seven months.
November 12, 2021
SEC Rejects VanEck's Bitcoin ETFRegulators have shown they're still not comfortable with Bitcoin spot ETFs despite their approval of futures-based funds.
November 12, 2021
CFP Board Cracks Down on Failure to Report MisconductCFP Board is "evaluating whether to impose an administrative fee on those who violate these standards to help offset the costs of enforcement."
November 11, 2021
With Reg BI, 'Think Broadly' About Recommendations: SEC's LeeThe commissioner warned BDs to consider how Reg BI could affect their communications, tech use and even account opening practices.