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.
'Buckets of Money' Advisor Settles With SEC After Long Legal Battle
By Melanie Waddell | Allison BellRay Lucia Sr. can now reapply for association with registered entities, says a civil rights group involved with the settlement.
June 15, 2020
IRS Extends Key Opportunity Zone DeadlineCertain investors have until the end of the year to roll over capital gains into Opportunity Zone funds.
June 13, 2020
IRS Posts Annuity Advisory Fee Letter Rulings With a TwistThe IRS showed a 1.5% annual fee cap in the old letter rulings. Officials have left the annual cap out of the new rulings.
June 13, 2020
HHS to Let Agents Reject Gay Medicare and Exchange Plan ProspectsNew final regulations will also let insurers, doctors and hospitals deny service to LGBT people.
June 12, 2020
Barred Broker Took Money From Veteran: SECStarting in 2015, Frederick Stow sold securities and moved funds from the account 74 times, the SEC says.
June 12, 2020
Human Capital: John Reed Stark Identifies Lurking Cybersecurity RisksIn this episode, Stark warns, "There are legions of soldiers waking up every morning with the sole desire to attack U.S. systems."
June 12, 2020
Kitces: How Your Web Presence Helps Convert Referrals to ClientsClients referred to an RIA are going to look that advisor up online, so they better like what they find, he says.
June 12, 2020
FINRA Bars Ex-J.P. Morgan Rep for Taking Money From Clients' Bank AccountsThe former broker admitted to withdrawing $144,000 from 3 customers, two over 90 years old, for his personal use, FINRA says.