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 Long Island Broker Arrested Again for Defrauding Investors
By Jeff BermanHe was accused of stealing $80,000 from clients who thought they were investing in shares of Airbnb, DoorDash and Petco.
August 30, 2021
How to Get Tax Breaks for Caring for an Aging Family MemberThose who care for a family member who qualifies as a dependent may be entitled to deduct medical expenses.
August 30, 2021
SEC Fines Cetera, Cambridge and KMS $750K Over Email HacksFailures in cybersecurity policies and procedures led to email account takeovers that exposed clients' personal information.
August 30, 2021
Consumer Federation of America Starts Search for Roper's ReplacementMike Canning, director of policy at NASAA, will be joining the consumer group in a consulting capacity.
August 27, 2021
Debate: Should the SEC Create an Exam for 'Accredited Investor' Status?Two professors debate a bill that would allow knowledgeable investors to qualify as accredited regardless of net worth or income.
August 27, 2021
Many Retirement Savers Don't Understand 401(k) Fees: GAOMore that 41% of survey respondents thought they didn't pay any fees on their 401(k), the office reports.
August 27, 2021
SEC Wants Info on Advisor, BD Use of Tech That Hooks InvestorsSEC Chairman Gary Gensler says he's focused on protecting investors as technology that can influence their behavior proliferates.
August 27, 2021
Advisory Firm to Pay Nearly $2M to SEC Over 12b-1 Fees, Revenue SharingThe firm's mutual fund share class selection practices resulted in an unaffiliated BD receiving three types of fees.