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.
Excited About SEC's New Ad Rule? Not So Fast
By Melanie WaddellAdvisory firms are itching to use testimonials before their compliance departments are ready.
June 11, 2021
DOL to Redefine 'Fiduciary' in New RuleLabor says it plans "to more appropriately define" when advisors to employee benefit plans and IRAs are fiduciaries.
June 11, 2021
Ex-LPL Broker Faces Up to 20 Years in Prison for Raiding Clients' AnnuitiesThe former broker has been charged with three counts of wire fraud, one count of mail fraud and one count of aggravated identity theft.
June 10, 2021
Ex-Broker Who Defrauded Older Clients Sentenced to Over 5 Years in PrisonThe former Mutual of Omaha rep was also ordered to pay restitution of $2.4 million to his victims.
June 10, 2021
How Invesco, Others are Circumventing SEC's Crypto ETF ReluctanceInvesco has filed applications with the SEC for two ETFs that indirectly invest in cryptocurrencies.
June 10, 2021
Regtech Firm ComplySci Gets $120M in Funding: Tech RoundupAlso, Onramp Invest joins Visa's Fintech Fast Track program.
June 09, 2021
SEC Chief Calls for Review of Stock Trading RulesGensler has asked staff for recommendations on best execution, Regulation NMS, payment for order flow and NBBO.
June 09, 2021
SEC Chief Gensler Appoints New Executive TeamAmanda Fischer, a Capitol Hill veteran who worked with Gensler during the Biden-Harris transition, will be his senior counselor.