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.
Consumer Group Presses SEC's Gensler to Define 'Best Interest'
By Melanie WaddellSpelling out this definition is the only way to ensure Reg BI has any teeth, consumer advocate Barbara Roper says.
April 16, 2021
FINRA Suspends Ex-Morgan Stanley Rep Who Didn't Disclose Rental PropertyThe broker, who now works for LPL, also borrowed $307,000 from two clients, FINRA says.
April 16, 2021
Reg BI Exams' Scope Has Been Expanded: FINRA's Cook"Going forward, we're really expecting nothing shorter than compliance with the rule," the FINRA CEO says.
April 16, 2021
Why Bitcoin Bull Boneparth Is Waiting for a Crypto ETFA Bitcoin ETF would remove many obstacles to recommending the cryptocurrency to clients, the advisor says.
April 14, 2021
Form U5 a Top Trigger of FINRA InvestigationsFINRA brings about 700-800 disciplinary actions a year after looking into more than 25,000 cases, the president of its crime detection unit says.
April 14, 2021
Gensler's SEC Can Bring Regulatory Clarity to Digital AssetsThe new SEC chair recognized in his Senate confirmation hearing that Bitcoin has been deemed a commodity.
April 14, 2021
Senate Confirms Gary Gensler as SEC ChairSenators voted 53-45 to confirm Gensler, a former CFTC chief and MIT professor.
April 14, 2021
Top 12 Overlooked Tax Deductions: 2021Don't let your clients leave tax breaks on the table.