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.
Senate to Vote Thursday on Walsh DOL, Gensler SEC Nominations
By Melanie WaddellGensler is a former CFTC chief, and Walsh is the mayor of Boston.
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.
March 16, 2021
Wall Street Steps Up Bitcoin ETF Push With SEC Verdict UnknownWisdomTree, VanEck, NYDIG and Valkyrie have filed applications for ETFs tracking the largest cryptocurrency; Grayscale is building a team.
March 16, 2021
The SEC Wants Your Input on Climate Change Disclosure Rules"Climate and ESG are front and center for the SEC," says the agency's acting chair, Allison Herren Lee.
March 15, 2021
FINRA Fines Ex-Waddell & Reed Broker Who Took Client Info to Securities AmericaThe ex-Waddell rep shared his clients' nonpublic personal info with a third-party vendor, FINRA says.
March 15, 2021
SEC Charges Trader With Fraud Over False TweetsThe Irvine, California-based trader used Twitter and other channels to spread false information about a defunct company, the SEC says.