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.
FINRA Suspends Ex-CEO From Shuttered BD First Standard
By Jeff BermanThe former CEO must pass the Series 24 exam again before he could serve as a principal for any FINRA member.
June 23, 2020
SEC Preps LIBOR Transition ExamsSEC registered advisers that specialize in fixed-income tied to LIBOR should expect an exam in 2020.
June 23, 2020
IRS Extends RMD Rollover Relief Under CARES ActIRS pushed the 60-day rollover period for any RMDs already taken this year to Aug. 31.
June 23, 2020
Tom Gira, FINRA's Head of Market Regulation, Dies"Tom was a beloved and devoted husband and father, as well as a tremendous leader," said FINRA CEO Robert Cook.
June 22, 2020
Another Ex-Broker of Shuttered BD First Standard Suspended by FINRAThe rep, like others from the firm before him, was accused of excessive trading.
June 22, 2020
What Clayton's Departure From SEC Would Mean for Reg BIThe "effectiveness" of Reg BI, Phyllis Borzi said, "will rise and fall on how well it's enforced."
June 22, 2020
FINRA Amends Suitability, CAB Rules to Align With Reg BIThe changes clarify standards and inconsistencies with Reg BI, and are effective June 30.
June 21, 2020
Trump Fires U.S. Attorney, Names Clayton as SuccessorGeoffrey Berman agreed to leave his position after he was temporarily replaced by his deputy Audrey Strauss.