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 Bars Ex-Royal Alliance Rep Accused of Misappropriating Client's Funds
By Jeff BermanThe former broker at the Advisor Group-owned firm also allegedly refused to provide documents and info requested by FINRA, the self-regulating group said.
July 07, 2021
Bipartisan Bill Would Extend Private Equity to the Mass MarketThe Increasing Investor Opportunities Act allows closed-end funds to invest in private equity funds.
July 06, 2021
FINRA Bars Ex-Broker Whose Assistant Took CE Classes for HimThe former HTK rep testified that he "blindly forwarded" emails about the training to his assistant due to heavy sales demands.
July 02, 2021
Schwab Taking $200 Million Charge for SEC Robo-Advisor ProbeThe compliance inquiry relates to past disclosures around the firm's Schwab Intelligent Portfolios product.
July 01, 2021
With a Record Fine Behind It and an IPO Ahead, Will Robinhood Change Its Ways?The brokerage prepares to go public amid discussion of whether the $70 million penalty is "an absolute joke" or "a start" on holding it responsible.
July 01, 2021
2021 Tax Filing Season Plagued With Unanswered Calls, Delayed RefundsThe Taxpayer Advocate Service outlines the problems the IRS faced because of the pandemic and the added responsibility of making stimulus payments.
July 01, 2021
Who Can Regulate the Crypto Market?A House subcommittee hearing explored whether regulators have the power to police this sprawling market or congressional action is needed.
July 01, 2021
LPL Rolls Out New Model Wealth Portfolio Platform Feature: Tech RoundupAlso, UBS launches its fourth Future of Finance Challenge, an open competition for fintech startups and tech entrepreneurs.