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 Is Stretched Thin, Gensler Testifies
By Melanie WaddellExam division staff has remained relatively flat despite recent growth of more than 20% in the number of RIAs, Gensler said.
October 05, 2021
Merrill to Pay $1.5M FINRA Fine Over Muni ShortsThe firm failed to notify investors in munis that they were receiving "substitute" interest payments that weren't tax-exempt, FINRA says.
October 05, 2021
GOP Lawmaker Questions SEC Chief on Commitment to Reg BIGary Gensler says he fully supports the rule even after appointing staffers like Barbara Roper who oppose it.
October 04, 2021
SEC Chief Launches Probe of Complex ETPsGensler has directed SEC staff to examine the potential risks of complex financial products like leveraged and inverse ETFs.
October 04, 2021
SEC Charges Stock Trading Webcast Host in Pump-and-Dump SchemeThe former broker already pleaded guilty, in a parallel action, to conspiracy to commit wire and securities fraud.
October 04, 2021
Warren Asks SEC to Investigate Trading by Fed OfficialsTwo regional Fed chiefs recently announced their departures following revelations about their trading activity last year.
October 04, 2021
Senate Panel Plans Thursday Nomination Hearing for Key DOL OfficialIf confirmed, Lisa Gomez would lead the Employee Benefits Security Administration as it prepares a new fiduciary rule.
October 01, 2021
Supreme Court Aide Wins ACLI Capital RaceRep. Mike Gallagher was the fastest member of Congress.