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.
In Wake of Archegos Blowup, Will SEC Overstep?
By Nicolas MorganThe SEC may try to compel more disclosure in ways that exceed its authority.
April 21, 2021
Rollovers, Revenue Sharing Could Be in Examiners' Sights: SEC's PeirceThe SEC commissioner discusses what advisors can expect from exams in terms of Reg BI compliance.
April 20, 2021
FINRA Suspends Broker Named as Client TrusteeThe broker, now at Waddell & Reed, violated Cetera's broker-as-beneficiary rules, FINRA says.
April 20, 2021
Consumer Group Presses SEC's Gensler to Define 'Best Interest'Spelling out this definition is the only way to ensure Reg BI has any teeth, consumer advocate Barbara Roper says.
April 19, 2021
SEC Chair Gensler Picks Former AFL-CIO Policy Director as a Top AdvisorGensler's policy director, Heather Slavkin Corzo, has worked for AFL-CIO, PRI and Americans for Financial Reform.
April 19, 2021
Gary Gensler Sworn In as SEC ChairmanSEC Commissioner Hester Peirce said she hopes to work with Gensler on building a regulatory framework for cryptocurrency.
April 16, 2021
FINRA Suspends Ex-Morgan Stanley Rep Who Didn't Disclose Rental PropertyThe broker, who now works for LPL, also borrowed $307,000 from two clients, FINRA says.
April 16, 2021
Reg BI Exams' Scope Has Been Expanded: FINRA's Cook"Going forward, we're really expecting nothing shorter than compliance with the rule," the FINRA CEO says.