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.
Fiduciary Advocates Call for Renaming SEC's Reg BI
By Melanie WaddellBrian Hamburger, Ron Rhoades and Knut Rostad say Gary Gensler, if confirmed as SEC chief, should rebrand the rule.
January 28, 2021
Biden Fills Out Economic Team, Picking Boston Mayor to Head LaborA revamped Labor fiduciary rule as well as the SEC's Reg BI could be on tap in the New Year.
January 28, 2021
How Advisors Can Use Client Testimonials Under New SEC RuleAdvisors can now use client reviews in their marketing, but they should use caution, lawyers say.
January 27, 2021
SIFMA Takes Aim at SEC's CAT PlanIndustry members like BDs would be obligated to assume "all the liability associated with a breach or misuse of data" in the CAT.
January 27, 2021
SEC Likely to Probe GameStop Trading Surge, but What Will It Find?Identifying a violation of the securities laws will likely be challenging, lawyers told ThinkAdvisor.
January 27, 2021
IRS Creates New Chief Taxpayer Experience Officer PostThe new position will work with business units and offices across the IRS to serve taxpayers.
January 25, 2021
FINRA Starts Probe of Reps' PPP Loans"FINRA is proactively looking at registered representatives that obtained loans through undisclosed outside business activities," a FINRA spokesperson said.
January 22, 2021
SEC Charges Father-Son Team With Defrauding ClientsAdvisors allegedly concealed from clients that the father wasn't associated with an RIA and used clearing services without authorization.