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.
Should Compliance Officers Be Held Personally Liable? SEC's Peirce Weighs In
By Melanie WaddellToo much liability could discourage talented people from working in compliance, the SEC commissioner says.
October 28, 2020
SEC Issues Warning on Complex Investment ProductsExpanded access to self-directed accounts and complex investment products may require tighter controls, SEC officials said.
October 27, 2020
IRS Announces Income Tax Adjustments for 2021The estate and gift tax exemptions saw the biggest increases, says Ed Slott.
October 26, 2020
IRS Boosts 2021 Income Limits for Deductible IRA ContributionsThe tax authority also announced changes to estate and gift tax exemptions for 2021.
October 26, 2020
IRS Again Extends Deadline for $500-Per-Child Stimulus PaymentThe previous deadline was Sept. 30.
October 26, 2020
SEC Chief: Firms 'Meeting Their Obligations' on Reg BIBut some areas of Form CRS need improvement, Jay Clayton says.
October 23, 2020
FINRA Amends Sanction Guidelines to Protect Older AdultsThe revision, effective immediately, "is consistent with FINRA's view that certain investors may need additional protections," says attorney Brian Rubin.
October 23, 2020
IRS Says It's Getting Tougher on Micro Captive UsersThe agency may go easier on taxpayers who can show they relied on the advice of competent tax advisors.