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.
SEC Finds Private Fund Advisor Compliance Snafus
By Melanie WaddellExams of RIAs that manage private equity funds or hedge funds found a number of common deficiencies.
June 25, 2020
SEC Chief Stops Short of Declining Court NominationJay Clayton told lawmakers that, while he had expressed interest in the U.S. attorney job, he was fully committed to the SEC.
June 25, 2020
Reg BI and the History of 'Fiduciary' DebateThe standards of conduct are core to how advisors and BDs do business.
June 24, 2020
FINRA Suspends Ex-CEO From Shuttered BD First StandardThe former CEO must pass the Series 24 exam again before he could serve as a principal for any FINRA member.
June 24, 2020
Broker-Dealer to Pay $3.1M for Bad Trade DataThe inaccurate and incomplete securities trading information, or "blue sheet data," affected 27.6 million transactions.
June 24, 2020
FINRA Moves Ahead on Brokers-as-Beneficiaries RuleRegulatory group also is looking to build a standard to govern brokers acting as trustees or executors and being given power of attorney.
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.