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.
Broker Impersonated Clients and Supervisor 30 Times: FINRA
By Jeff BermanThe ex-Northwestern Mutual rep was suspended and fined by the regulator for posing as others on phone calls.
August 07, 2020
SEC Proposing 'Complete Overhaul' of Fund Disclosures: ReportPossible changes would affect mutual fund and ETF prospectuses, annual reports and advertising.
August 07, 2020
Brace for More SEC Muni Advisor Antifraud ActionsSEC hasn't taken enforcement action against a municipal advisor in over a year, but that situation could change very soon.
August 06, 2020
Senate Confirms Peirce, Crenshaw as SEC CommissionersThursday's vote ends the confirmation process, which began in June with their nominations by President Donald Trump.
August 06, 2020
Ex-LPL Rep Suspended for Falsifying FormsFormer broker electronically signed a colleague's name repeatedly instead of his own, FINRA claims.
August 05, 2020
FINRA: Cetera Rep 'Willfully Failed' to Disclose Tax LiensThe firm's broker didn't amend his Form U4 to disclose several liens, then made false claims to cover them up, FINRA says.
August 05, 2020
Peirce, Crenshaw Get Senate Banking Committee Nod for SEC SeatsThe full Senate must now approve the two to be SEC commissioners.
August 04, 2020
FINRA Bars Ex-Hilliard Lyons Rep With Multiple Customer ComplaintsThe former broker refused to cooperate with an inquiry into his behavior, FINRA says.