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.
Firm Tied to Woodbridge Ponzi Scheme Settles With SEC
By Jeff BermanSexton Advisory Group and its CEO were charged with making illegal securities sales.
September 02, 2020
Wells Fargo to Pay $2M Over Variable Annuity SwitchesThe firm failed to supervise reps' recommendations that customers switch from VAs to investment company products, FINRA claims.
August 31, 2020
Robinhood's Dark Side: Irate Traders, U.S. ProbeOver the first half of 2020, consumer protection agencies received 400-plus complaints about Robinhood -- roughly four times more than rivals like Schwab and Fidelity.
August 31, 2020
IRS Issues Payroll Tax Deferral Guidance Amid Widespread CriticismAccounting exec Daniel Morris recommends that employers "don't walk, but run, from this poorly designed program."
August 31, 2020
Dalbar to DOL: A Rollover Decision Is Not an Investment DecisionDalbar's president rejects officials' predictions about what their rollover standards proposal would cost.
August 28, 2020
Advisor Ad Rule Changes Coming in October: SECThe commission will take up changes to investment advisor advertising and solicitation rules.
August 26, 2020
Why You Should Stay Vigilant About Regulations During the PandemicThe SEC and its state brethren recently have come down on some displaced advisors, so beware.
August 26, 2020
SEC's New Accredited Investor Definition Gets Mixed ResponseSome industry players cheered the expansion, while others said it didn't go far enough.