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.
SEC Finds Wrap-Fee Failures in Advisor Exams
By Melanie WaddellAfter exams of more than 100 advisors' wrap-fee programs, an SEC Risk Alert reports numerous deficiencies.
July 19, 2021
SEC Delays $9M Payout for Investors Harmed by VIX Futures MispricingIts enforcement division needs more time to to locate and verify contact information for investors and compile investor records.
July 15, 2021
Trendspotter: Advisor Fee Structures Are ShiftingAdvisors have become more likely to offer fixed fees and hourly fees in addition to asset-based fees. Here's why.
July 14, 2021
Pete Driscoll, SEC Exam Chief, to DepartDriscoll leaves the SEC as the agency conducts Phase 2 Regulation Best Interest exams.
July 14, 2021
Sen. Warren Wants Investigation of Tax Loopholes, Bank Loans to WealthyThe Senate should investigate the role that financial institutions play in tax avoidance by the ultra-wealthy, she says.
July 13, 2021
2021 Advance Child Tax Credit Payments: Should Your Client Opt Out?For many Americans, the payments will provide a valuable cash infusion. For others, they could create a tax headache later.
July 13, 2021
TIAA to Pay $97M for Pressuring Investors Into RolloversAdvisors pushed rollovers from retirement plans to managed accounts with higher fees, according to the SEC and NYAG.
July 12, 2021
FINRA Bars Ex-Wells Fargo Rep Over Client Money in His Bank AccountWells Fargo terminated him in April over those allegations.