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.
Trendspotter: Markets Are Evolving Faster Than the SEC
By Melanie Waddell"The SEC has not grown to meet the needs of the 2020s," like surges in SPACs, crypto and private equity, Chair Gary Gensler tells Congress.
June 03, 2021
Dually Registered Firm Must Pay SEC $1.2M Over 12b-1 FeesCentaurus Financial breached its duty to seek best execution, the SEC said.
June 03, 2021
Ex-Cetera Rep Gets 5-Year Prison Sentence for Defrauding ClientsThe former broker had pleaded guilty to wire and bank fraud on Jan. 14.
June 02, 2021
5 Ways the IRS Irks TaxpayersThe pandemic has compounded the agency's customer service woes, it says in a report.
June 02, 2021
Ex-LPL Rep Pleads Guilty to Wire Fraud and Identity TheftThe barred broker allegedly misappropriated about $2.9 million from clients, according to the SEC and DOJ.
June 01, 2021
'Investment Club' Operator Convicted of Running Ponzi SchemeThe defendant allegedly obtained over $2 million from almost 100 investors, lost some of it and used some for personal expenses.
May 28, 2021
IRS Audits Focus on Solo 401(k)sSolo 401(k) compliance requirements are so minimal that business owners often forget about them — until there's a problem.
May 28, 2021
FINRA Withdraws Rule Creating Expungement Arbitrator RosterFINRA temporarily withdrew the rule from SEC consideration, saying it might revise it.