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.
Bernard Madoff, Mastermind of Giant Ponzi Scheme, Dies at 82
By Laurence ArnoldThe Manhattan investment adviser promised stellar returns to his A-list clients and instead defrauded them of more than $19 billion.
April 13, 2021
SEC, NASAA Issue Alerts on ESG InvestingRegulators are concerned that a lack of standards for ESG investing has led to policies and practices that can mislead investors.
April 13, 2021
JPMorgan Sues Ex-Advisor for Moving Clients to Wells FargoThe advisor has been calling former clients, with at least one reporting he was annoyed by multiple calls, JPMorgan says in the suit.
April 12, 2021
Ex-Broker Fined for Not Disclosing Charges of Rape, False ImprisonmentThe former broker failed to timely amend his Form U4 to disclose the charges, FINRA says.
April 12, 2021
Edward Jones Sued by Ex-Rep Over Sexual HarassmentA former advisor at the firm says a manager pressured her into "into a forced sexual encounter," according to court documents.
April 09, 2021
FINRA Bars Ex-Goldman Rep Over Expense ReimbursementThe former broker was terminated by the firm in December 2019 and then consented to being barred from the business.
April 08, 2021
What COBRA Subsidies in the Stimulus Package Mean for Your ClientsIt's important that both individual and small-business clients understand the new COBRA rules for 2021.
April 08, 2021
Envestnet Acquires Harvest Savings & Wealth: Tech RoundupAlso, fintech firm fabe launches a SaaS application to help advisors value their firms for a sale.