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.
FINRA Moves Ahead on BD Fee Hike
By Melanie WaddellBeginning in 2022, fees in five areas will be raised gradually.
October 01, 2020
FINRA Fines Ex-Merrill Rep Who Took Client Info to New FirmBefore leaving Merrill, the rep emailed himself clients' personal info 161 times, FINRA says.
September 30, 2020
IRS Issues Final Regs on Annuity Payments, Business EntertainmentIRS also issued final regs on business expense deduction for meals and entertainment.
September 30, 2020
Morgan Stanley to Pay $5M Over Reg SHO ViolationsThe structure of the firm's prime brokerage swaps business resulted in rule violations, the SEC said.
September 28, 2020
Barred Broker Arrested, Charged With FraudThe CEO of Concorde Group Holdings, based in Jersey City, was charged with securities and wire fraud.
September 25, 2020
Ex-Waddell & Reed Rep Failed to Disclose Criminal Charges: FINRAFirm's former rep was charged with DUI and possession of a Schedule 1 controlled substance, according to BrokerCheck.
September 25, 2020
FINRA Moves Ahead on Expungement ChangesThe changes fill holes in the process, but expungement shouldn't be handled by arbitrators at all, investor lawyers say.
September 23, 2020
FINRA Bars Ex-Prudential Broker Who Forged Clients' SignaturesThe ex-rep also created email accounts for two clients and submitted annuity applications without their knowledge, according to FINRA.