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.
How One Investor Beat Robinhood in FINRA Fight
By Jeff BermanThe unprecedented victory will likely create a "headache" for Robinhood, law professor Benjamin Edwards says.
January 12, 2022
GOP Lawmakers Blast SEC's Gensler Over 'Unreasonably Short' Comment PeriodsA recent study finds private equity–backed RIAs had a 200% jump in the average number of misconduct incidents after the ownership change.
January 11, 2022
Firm Misrepresented Fees, Charged Improper Commissions: SECComprehensive Capital Management included misleading disclosures in its Form ADV, causing annuity buyers to be charged commissions.
January 11, 2022
IRS Warns of Bumpy Tax Filing Season AheadThe commissioner warned that "the pandemic continues to create challenges" for filing season, which starts Jan. 24.
January 10, 2022
Tax Court Decision Shows Pitfalls of Self-Directed IRAsWhile a checkbook control IRA can give the account owner more control over retirement investments, serious negative tax consequences can result.
January 10, 2022
SEC Bars Ex-Advisor Charged With Defrauding At Least 100 ClientsThe ex-Raymond James and Alliance Global Partners rep faced 37 client complaints in two years, according to FINRA.
January 07, 2022
Robinhood Ordered to Repay Investor Hurt by Trading RestrictionsA FINRA arbitrator ruled in favor of an investor who alleged losses due to restrictions Robinhood placed on GameStop and other stocks last year.
January 07, 2022
IRS' Top 10 Criminal Cases of 2021"The investigative work of 2021 has all the makings of a made-for-TV movie," the agency's top cop says.