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.
Morgan Stanley to Pay $5M Over Reg SHO Violations
By Jeff BermanThe structure of the firm's prime brokerage swaps business resulted in rule violations, the SEC said.
September 25, 2020
FINRA Moves Ahead on Expungement ChangesThe changes fill holes in the process, but expungement shouldn't be handled by arbitrators at all, investor lawyers say.
September 23, 2020
FINRA Bars Ex-Prudential Broker Who Forged Clients' SignaturesThe ex-rep also created email accounts for two clients and submitted annuity applications without their knowledge, according to FINRA.
September 23, 2020
SEC Votes to Restrict Shareholder ProposalsThe agency voted to raise the thresholds required for shareholders to submit proxy proposals.
September 23, 2020
FINRA Working on Reg BI Guidance, Mulling Exam Changes: CookIn the future, in-person BD exams likely will be considered "more on a risk-based framework," says the regulator's CEO.
September 23, 2020
Whistleblower Lawyers Recoil at SEC's New Rules"The spin is just remarkable," Sean McKessy, former SEC whistleblower chief, said. "Overall, this is a net-negative for whistleblowers."
September 23, 2020
Sizing Up the SEC Accredited Investor Definition ChangesWith certifications now a qualifying measure, debate ensues on which ones should be included.
September 23, 2020
Senators Warn SEC Against 'Detrimental' Whistleblower ChangesThe changes, which the SEC is voting on today, could deter whistleblowers and potentially cap awards, the senators say.