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.
8 Top Enforcement Trends FINRA's Watching Now
By Jeff BermanBad actors still lie, cheat and steal, but their methods have changed — and so have FINRA's enforcement tactics.
May 19, 2021
DOL's New Fiduciary Guidance for Rollovers: What Advisors Should KnowDetails are emerging that can help advisors understand their obligations under Labor's new standard.
May 19, 2021
Brokers Still Gaming BrokerCheck With New Tactics: PIABA"Straight-in expungements" are the latest example of how investors and state regulators are left out of the expungement process, lawyers argue.
May 18, 2021
Supreme Court Strips Lawsuit Protection From IRS Reporting RulesThe court ruled that taxpayers can sue over IRS reporting rules without violating the rules.
May 18, 2021
Ex-Raymond James Rep Who Stole From Elderly Clients Gets 5 Years in PrisonThe firm's former broker and executive pleaded guilty to defrauding two clients out of nearly $1 million.
May 17, 2021
UBS to Pay $4.8M Over Puerto Rican BondsTwo years ago, the firm was ordered to pay about $13 million to investors over the same risky bonds, which dated to 2013.
May 17, 2021
Ex-Wells Fargo Rep Sentenced to 27 Months in PrisonThe firm's former broker had pleaded guilty to wire fraud in which he stole more than $450,000 from about 40 clients.
May 17, 2021
U.S. Tax Day Arrives Late With IRS Behind on Millions of ReturnsMonday brings a close to what CPAs and other financial professionals have dubbed the "never-ending tax season."