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.
UBS Reps Suspended for Unauthorized Trading
By Jeff BermanFINRA also suspends ex-Edward Jones rep, claiming he settled a client complaint without the knowledge or approval of the firm.
August 17, 2020
IRS Allows Electronic Filing of Form 1040-XIt's one of the last major individual tax forms that needed to be paper filed, the IRS said.
August 17, 2020
Peirce, Crenshaw Sworn In as SEC CommissionersBoth women were unanimously confirmed by the Senate on Aug. 6.
August 17, 2020
Brokers Beware: FINRA Warns Member Firms of Impostor SiteA fake FINRA website has an extra "n" in its domain name and asks for advisor info, the regulator says.
August 14, 2020
IRS Gives Families More Time to Get Their $500-Per-Child Stimulus PaymentsThe agency is trying to correct for glitches that prevented some families from collecting the payment.
August 14, 2020
12b-1 Fees Still on SEC's Radar as SCF Agrees to Repay $567KRegulator says the RIA also will pay a fine of $200,000 to settle issues tied to funds with undisclosed revenue and higher costs.
August 14, 2020
5 Groups That Aren't Thrilled With DOL's Fiduciary RewindLabor's decision to return to the five-part fiduciary test adopted in 1975 has drawn widespread criticism.
August 13, 2020
Morgan Stanley to Pay Over $950K in Restitution, FinesA now ex-advisor "on hundreds of occasions" recommended clients buy and then quickly sell corporate bonds or preferred securities, says FINRA.