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 Slams 21 Advisors, 6 BDs Over Form CRS Failures
By Melanie WaddellThe exam chief said in March that examiners "had identified hundreds of firms that we believed should have filed a Form CRS but didn't."
July 22, 2021
FINRA: Ex-Wells Fargo Rep Applied for SBA Loan He Wasn't Entitled ToThe broker applied for an economic injury disaster loan while ignoring a major requirement: He didn't run a small business.
July 22, 2021
FINRA Chief Says New Exam Sweeps on the WayOne sweep will focus on firms' use of paid social media influencers or "finfluencers," FINRA CEO Robert Cook says.
July 21, 2021
SEC Finds Wrap-Fee Failures in Advisor ExamsAfter exams of more than 100 advisors' wrap-fee programs, an SEC Risk Alert reports numerous deficiencies.
July 19, 2021
SEC Shuts Down 'Artificial Intelligence Supercomputer' Investing ScamA mother and son said they would use the supercomputer to recommend investments in cryptocurrency and other assets, the SEC says.
July 19, 2021
UBS Hit With $8M SEC Fine Over Misuse of Volatility-Linked ETPHundreds of accounts held the ETP for more than a year and suffered steep losses, the SEC said.
July 19, 2021
SEC Delays $9M Payout for Investors Harmed by VIX Futures MispricingIts enforcement division needs more time to to locate and verify contact information for investors and compile investor records.
July 15, 2021
Trendspotter: Advisor Fee Structures Are ShiftingAdvisors have become more likely to offer fixed fees and hourly fees in addition to asset-based fees. Here's why.