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's New Fingerprint Process Starts Dec. 6
By Melanie WaddellBDs and funding portals must send fingerprints to FINRA's designated fingerprint provider, Sterling.
November 10, 2021
SEC Finds Widespread Advisor Fee Calculation ErrorsErrors included overbilling, double-billing and using outdated fee schedules.
November 10, 2021
10 New Tax Numbers to Know for 2022The IRS just released inflation adjustments for more than 60 tax provisions, including estate and gift tax exemptions and standard deductions.
November 09, 2021
FINRA Fines Aegis Capital Over Unsuitable TradesNearly 70 customers' accounts were potentially excessively and unsuitably traded by the firm's reps, according to FINRA.
November 09, 2021
FINRA Bars Broker Accused of Trading in Dead Client's AccountThe broker, formerly affiliated with SagePoint and Cambridge, was accused of excessive unauthorized trading and forgery.
November 09, 2021
SEC Finds Widespread Deficiencies Among Robo-AdvisorsNearly all the advisors examined, including those serving retirement plans, received deficiency letters, the SEC said.
November 09, 2021
Resurrecting 2016 DOL Fiduciary Rule Would Hurt Low-Income Savers: StudyAn advocacy group worries Labor will veer too close to the vacated rule when it updates its definition of fiduciary.
November 08, 2021
Quarles to Exit Fed at Year's End, Handing Another Seat to BidenIn addition to this vacancy, Biden has a chance to pick a new chair, as Jerome Powell's tenure at the helm expires in February.