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 Files to Extend Remote Branch-Office Inspections
By Melanie WaddellThe proposed rule change would include 2022 inspection obligations through June 30.
September 14, 2021
SEC's Gensler Signals Likely OK to Extend FINRA Remote InspectionsGensler noted that there are "trade-offs" in conducting remote exams.
September 13, 2021
Bannon-Linked Media Firm Part of $539M SEC CaseGTV Media Group, tied to Bannon, paid a fine along with two other media companies for unregistered sales of stock and digital assets.
September 13, 2021
Barred Broker Admits Orchestrating $100M Ponzi SchemeShe faces up to 20 years in prison and a $5 million fine after pleading guilty to securities fraud.
September 13, 2021
Former SEC Lawyer Betting on Increased Enforcement"There is just a lot more at stake when investors are being offered things that they may not fully understand," Daniel Michael said.
September 10, 2021
Ex-Advisor Loses Appeal, Gets 40 Years in Prison for Ponzi SchemeThe former advisor, broker and owner of a Raleigh, North Carolina, financial services firm had been convicted in 2019.
September 10, 2021
Wells Fargo Fined $250M Over Unresolved Issues Tied to ScandalsThe penalty adds to the $5 billion in fines and legal settlements the bank has paid over the last five years for fake accounts and more.
September 10, 2021
FINRA Exam Chief Bari Havlik to RetireShe'll be succeeded by Greg Ruppert on Nov. 1.