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.
IRS Issues Final Regs on Business Interest Expenses
By Melanie WaddellThe regs include basic statutory amendments made by the CARES Act.
July 24, 2020
Analyst Busted With Exam Cheat Sheets in His Shorts: FINRAAnd he still failed his Series 79 exam, the regulator said.
July 23, 2020
Does New SEC Proxy Guidance Complicate Voting for Advisors?The agency passed new rules for proxy advisory firms, but also set down fiduciary instructions for advisors.
July 23, 2020
Why Brokers Must Testify — Or ElseFailing to cooperate with an inquiry is the most common reason brokers get barred, according to a FINRA enforcement exec.
July 23, 2020
FINRA Bars Ex-Ameriprise Rep Who Was Fired Over Ethics ViolationsThe ex-broker then stopped cooperating with regulator's investigation.
July 23, 2020
Ex-Morgan Stanley IT Expert Files Whistleblower Suit Against Autonomy CapitalThe investment management firm's cybersecurity systems had "massive holes," the fired exec said in the suit.
July 22, 2020
CFP Board Standards vs. Reg BI: A Chart Prompts Industry ChatterMichael Kitces sparks debate on a CFP Board comparison of the two sets of standards.
July 21, 2020
FINRA Slams Ex-Morgan Stanley Rep for Unsuitable, Costly InvestmentsFirm's former broker recommended U.S. Treasuries strategy that he profited from, but clients collectively lost money on, FINRA claims.