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 Guidance on Stimulus Payments Contradicts CARES Act, Senators Warn
By Melanie WaddellThey urged the IRS to correct the guidance, which states that Social Security recipients can't get a check without filing a tax return.
March 30, 2020
DOJ Scrutinizes Senators' Stock Sales After Virus Briefings: ReportsThe Justice Department, SEC and FBI are said to be in the process of reviewing Sen. Richard Burr's transactions.
March 30, 2020
Take Care on Form ADV Extensions, Check Details on Form CRSAdvisors must file the Customer Relationship Summary disclosure document from May 1 through June 30, 2020.
March 30, 2020
SEC, FINRA Take Coronavirus MeasuresThe Securities and Exchange Commission and the Financial Industry Regulatory Authority announced several measures in mid-March in reaction to the coronavirus.
March 26, 2020
FINRA Shares 'Stay Home' Info From States, Cancels ConferenceThe regulator says more than 30 regions have issued "shelter-in-place" orders, which vary in scope and duration.
March 26, 2020
SEC Extends Form ADV Filing Date in Light of CoronavirusThe new extensions supersede and extend the SEC's March 13 orders.
March 26, 2020
Some Americans Could Hit Snags Getting Stimulus Cash, Planner SaysJeff Levine of Kitces.com and Buckingham Wealth breaks down the details of how direct payments and RMD waivers work in the stimulus bill.
March 26, 2020
FINRA Fines Morgan Stanley $300K for Reporting ViolationsThe firm failed to report more than 1,000 fixed income transactions to TRACE, the regulator says.