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.
Ex-Merrill Broker Denied Early Prison Release
By Jeff BermanThe broker, convicted of securities fraud, had requested release on the grounds of his health issues and COVID-19 concerns.
July 10, 2020
Reg BI Has Kicked In. Here's What FINRA ExpectsFINRA will institute a "good-faith" effort during exams, but Reg BI's principles-based approach leaves open questions.
July 09, 2020
FINRA Bars Ex-J.P. Morgan Rep Who Thumbed Her Nose at ProbeThe former broker allegedly used her personal email and phone to communicate with clients.
July 09, 2020
Morgan Stanley to Pay $875K Fine for Bad Trade DataThe firm submitted "at least 869 inaccurate blue sheets," according to FINRA.
July 09, 2020
SEC Approves Expedited Applications Review ProcessSEC has "responded to industry concerns about the sluggish exemptive application process that has hindered product development," says Cipperman Compliance Services.
July 09, 2020
IRS Reminder: IRA Contributions Made by July 15 Are Deductible in 2019Taxpayers can file their 2019 tax return now and claim the deduction before the contribution is actually made.
July 08, 2020
Securities America's Nagengast Renominated to FINRA BoardNagengast, president and CEO of Securities America, has been nominated to serve a second term.
July 07, 2020
This Threat Scares Investors More Than the IRS: Lincoln FinancialInvestors also have another fear that you may have an easy time blowing away.