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.
SBA to Launch PPP Loan Forgiveness Portal
By Melanie WaddellThe new forgiveness platform will begin accepting applications from borrowers on Aug. 4.
July 27, 2021
Independent Contractor Status a 'Heavy Focus' for FSI Advocacy"There's still an awful lot of work to do on this [independent contractor] issue," FSI general counsel David Bellaire said.
July 27, 2021
FINRA Preps New Fingerprint Service for BDs, Funding PortalsFINRA plans to implement the new service by September.
July 26, 2021
SEC Slams 21 Advisors, 6 BDs Over Form CRS FailuresThe exam chief said in March that examiners "had identified hundreds of firms that we believed should have filed a Form CRS but didn't."
July 26, 2021
All Eyes on Gensler to Define 'Best Interest' in SEC RuleSEC Chairman Gary Gensler will likely define the term as "many different audiences" await an answer, Blaine Aikin says.
July 23, 2021
As SEC Chairman Pushes His Attorneys, Some Are Choosing the DoorGary Gensler's propensity to break up handshake settlement deals has created some distrust with current staff, sources say.
July 22, 2021
FINRA: Ex-Wells Fargo Rep Applied for SBA Loan He Wasn't Entitled ToThe broker applied for an economic injury disaster loan while ignoring a major requirement: He didn't run a small business.
July 22, 2021
FINRA Chief Says New Exam Sweeps on the WayOne sweep will focus on firms' use of paid social media influencers or "finfluencers," FINRA CEO Robert Cook says.