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.
House Panel Passes Bills on Family Offices, Payment for Order Flow
By Melanie WaddellOrder Flow Improvement Act directs the SEC to study and consider banning or limiting the payment for order flow in the form of exchange rebates or payments from market centers to broker-dealers.
July 29, 2021
Robinhood Falls in Debut as Retail Investors Keep Distance"It looks like nobody wants to touch it," said Max Gokhman, head of asset allocation at Pacific Life Fund Advisors.
July 28, 2021
Robinhood Under FINRA Investigation, AgainThe firm received a FINRA investigative request related to its CEO and co-founder not being registered.
July 28, 2021
SBA to Launch PPP Loan Forgiveness PortalThe new forgiveness platform will begin accepting applications from borrowers on Aug. 4.
July 28, 2021
New Bill Qualifies Accredited Investors by SEC ExamThe bill would allow more people with the expertise, but not the required income or wealth, to invest in private companies.
July 28, 2021
Financial Groups, Firms Push for a Biden Order on Retirement SecurityBiden should convene cabinet leaders to address issues like Social Security, Medicare and LTC, the groups say.
July 27, 2021
Independent Contractor Status a 'Heavy Focus' for FSI Advocacy"There's still an awful lot of work to do on this [independent contractor] issue," FSI general counsel David Bellaire said.
July 27, 2021
FINRA Preps New Fingerprint Service for BDs, Funding PortalsFINRA plans to implement the new service by September.