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.
SEC Moves to Reverse Trump-Era Restrictions on Proxy Advisory Firms
By Ben BainThe plan would end requirements that proxy advisory firms share recommendations with executives and shareholders.
November 17, 2021
House Panel Passes Bill to Prohibit BDs, Advisors From Requiring ArbitrationThe House Financial Services Committee also passed bills to protect seniors and rein in SPAC fees.
November 17, 2021
Bogus Broker Pleads Guilty to Securities Fraud, Faces Up to 25 Years in PrisonThe scammer posed as a broker and obtained over $2.7 million from at least 19 investors, prosecutors say.
November 16, 2021
Debate: Should High Earners Pay More Social Security Taxes?Two professors debate whether collecting payroll taxes on income above $400,000 is the best way to shore up Social Security.
November 16, 2021
FINRA Looks to Hold More Exams, Arb Hearings VirtuallyThe regulator says it will probably take a more "risk-based approach" in deciding whether to conduct an exam on-site.
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.