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.
Northwest Advisors Hit With SEC Fine Over 12b-1, Wrap Fees
By Melanie WaddellAdvisory clients paid excess fees on their investments.
August 23, 2021
Jackson Nabs Fidelity's Compliance ChiefCarrie Chelko joins the annuity provider as an EVP and will become its compliance chief after the demerger with Prudential on Sept 13.
August 20, 2021
Regulators Are Embracing the Latest Tech Tools. Are You?Legacy systems just can't keep up with changing compliance demands of compliance.
August 20, 2021
DOL's Lifetime Income Annuity Interim Rule Is Flawed, ERISA Lawyers SayThe lifetime income illustrations are confusing, the lawyers say.
August 20, 2021
SEC Charges San Antonio Advisor in $58M Investment ScamThe advisor used investor funds to pay for personal expenses including two weddings and a divorce, the SEC says.
August 20, 2021
FINRA Seeks Sanctions Against Ex-Pru Rep Over Fake Insurance ApplicationsThe former Pruco broker also allegedly forged clients' signatures, FINRA says.
August 19, 2021
SEC Fines ISC Advisors Over 12b-1 FeesThe advisory firm "failed to provide full and fair disclosure of these payments and the resulting conflicts of interest."
August 19, 2021
SEC Bars Ex-LPL Rep Who Stole More Than $600K From Retired ClientThe ex-LPL broker pleaded guilty to one count of wire fraud in May.