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.
5 Hot Topics for FINRA Exams in 2022
By Melanie WaddellFINRA says it plans to home in on these emerging compliance areas where it found deficiencies in 2021.
February 07, 2022
IRS to End Use of Facial Recognition on Tax AccountsResearch has shown that AI-driven facial recognition software often makes mistakes with darker-skinned people.
February 07, 2022
Ex-Cambridge Rep Gets 3-Year Prison Sentence for Stealing $472K From ClientsThe former broker pleaded guilty in September to second-degree theft by unlawful taking for scamming 24 investors.
February 04, 2022
Big DOJ Probe Looks at Almost 30 Short-Selling Firms and AlliesAs part of the probe, the FBI seized computers from the home of Andrew Left, the founder of Citron Research, some sources said.
February 04, 2022
Will the SEC Ban 12b-1 Fees?Their use is declining as the SEC targets conflicts of interest. But are they a "lesser evil"?
February 03, 2022
Annuity Group Sues DOL Over Fiduciary RuleFACC says the department has tried to put a major rule change in an introduction.
February 03, 2022
Wall Street Bonus Rules Should Be Revisited at Fed: RaskinSarah Bloom Raskin is keen to revisit sweeping limits on bonuses if confirmed to be the Federal Reserve's top banking watchdog.
February 03, 2022
SEC Sets Vote on Cyber Rules for AdvisorsThe meeting will also address shorter settlement cycles, a discussion prompted by the meme stock frenzy.