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.
Barred Broker Who Bankrupted BD Is Charged With Fraud: DOJ
By Jeff BermanThe broker's unauthorized speculative bond trading cost his employer and others over $30 million, according to the SEC and DOJ.
September 30, 2021
SEC Proposes New Disclosures on Asset Managers' Proxy VotesThe proposed rule would require mutual funds and ETFs to disclose fund votes on shareholder proxies.
September 30, 2021
Senator Warns SEC Chief Not to Crack Down on Trading AppsThe SEC's mission "does not extend to protecting investors from themselves," Sen. Pat Toomey writes.
September 29, 2021
RIA Fined for Charging 81 Clients Without Providing ServicesThe clients stopped receiving advisory services after their original advisors left the firm, the SEC said.
September 29, 2021
FINRA Plan Sets Annual Fee for CE RequirementsThe fee would apply to members who take CE to remain qualified for up to five years after their registration is terminated.
September 29, 2021
'Wild West' of ESG Ripe for a Crackdown, Veteran Investor SaysTrillium's Matt Patsky can't wait for tougher regulations to stamp out the false claims by fund managers in the $35 trillion industry.
September 29, 2021
DOJ, SEC Charge Ex-Advisor With Bilking 3 Older ClientsThe ex-broker used the money to pay for luxury cars, vacations, private school tuition and a gold necklace, according to the authorities.
September 29, 2021
House Nears Vote on Halving Estate Tax Exemption in 2022The provision is now part of H.R. 5376, which could come to the House floor this week.