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.
Fed to End COVID-19 Capital Break It Gave Wall Street Banks
By Jesse HamiltonThe break lets banks load up on Treasurys and deposits without the capital to protect against losses and ends March 31.
March 19, 2021
Senate Sets Monday Vote on Walsh DOL NominationThe Senate's Monday docket does not mention a vote on Gary Gensler to be SEC chairman.
March 18, 2021
Senate to Vote Thursday on Walsh DOL, Gensler SEC NominationsGensler is a former CFTC chief, and Walsh is the mayor of Boston.
March 17, 2021
IRS Extends Tax Filing DeadlineThe House Ways and Means Committee chairman had called on the IRS to extend the deadline.
March 17, 2021
Reg BI Enforcement Actions Coming Soon, ex-FINRA Enforcement Chief SaysA preview of Human Capital's interview with former FINRA enforcement chief Susan Schroeder.
March 17, 2021
90 Million Stimulus Payments Sent, More Coming Soon: IRS, TreasuryFirst batch of payments issued mostly by direct deposit this past weekend, but Treasury also mailed roughly 150,000 checks worth $442 million.
March 17, 2021
Millionaires Owe IRS More Than $2B in Unpaid Taxes"Taxpayers having an average AGI of over $1.5 million paid the IRS an average of 39% of what they owe," a Treasury watchdog report states.
March 16, 2021
401(k) Plans Have a Big Cybersecurity Problem, Need Guidance: GAOAfter a congressional request to review these risks, GAO concludes that vendors are weak links.