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.
Hopkins, Kitces: As SEC's Reg BI Goes Live, Worries Remain
By Janet LevauxCarson Group's Jamie Hopkins voices his concerns on Reg BI and the DOL proposal intended to align with it.
June 26, 2020
SEC Prevails Over XYPN in Reg BI Suit"We are incredibly disappointed that the courts have ... allowed Regulation Best Interest to stand," said Michael Kitces of XY Planning Network.
June 26, 2020
Human Capital: Phyllis Borzi Concerned About Fiduciary Rule, Reg BI AlignmentIn this episode, we talk with the former assistant secretary of the Labor Department's EBSA during the Obama administration.
June 26, 2020
SEC Finds Private Fund Advisor Compliance SnafusExams of RIAs that manage private equity funds or hedge funds found a number of common deficiencies.
June 26, 2020
Lobbyist Jack Abramoff Settles Crypto Fraud Case With SECHe and other defendants "misled investors into funding nonexistent technology," the regulator says.
June 25, 2020
FINRA Suspends Ex-Wells Fargo Rep Over Crypto ConcealmentThe former broker was engaged in unauthorized cryptocurrency business activities, the regulator says.
June 25, 2020
SEC Chief Stops Short of Declining Court NominationJay Clayton told lawmakers that, while he had expressed interest in the U.S. attorney job, he was fully committed to the SEC.
June 25, 2020
Reg BI and the History of 'Fiduciary' DebateThe standards of conduct are core to how advisors and BDs do business.