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.
Supreme Court Strips Lawsuit Protection From IRS Reporting Rules
By Allison BellThe court ruled that taxpayers can sue over IRS reporting rules without violating the rules.
May 17, 2021
Ex-Wells Fargo Rep Sentenced to 27 Months in PrisonThe firm's former broker had pleaded guilty to wire fraud in which he stole more than $450,000 from about 40 clients.
May 17, 2021
U.S. Tax Day Arrives Late With IRS Behind on Millions of ReturnsMonday brings a close to what CPAs and other financial professionals have dubbed the "never-ending tax season."
May 17, 2021
S&P Dow Jones Indices to Pay SEC $9M for VIX Index MispricingThe lapse led S&P DJI to publish and disseminate stale index values during a period of unprecedented volatility in 2018.
May 17, 2021
Judge Faults Former SEC Enforcement Chief Over ConductA district judge said Alex Oh "should have known better than to impugn another attorney's character without reviewing the entire record."
May 14, 2021
FINRA Bars Ex-Securities America Broker Who Signed Dead Client's NameThe former rep signed his deceased client's name on annuity surrender forms, according to FINRA.
May 14, 2021
'Wandering' Bad Brokers Pose Risks for Clients, IndustryAdvisors with regulatory infractions often keep causing trouble even if they're barred from the business, a recent study finds.
May 14, 2021
Insurer to Pay $77M to Settle Criminal Tax Evasion CaseSwiss Life has agreed to help the U.S. government locate U.S. tax evaders in a criminal case involving private placement insurance.