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.
Advisor Group's SagePoint to Pay $1.6M Over UIT Rollovers
By Jeff BermanThe SagePoint news comes two weeks after Stifel agreed to pay $3.6 million for similar violations.
June 09, 2020
Trader Made False COVID-19 Blood Test Claims in Pump-and-Dump Scheme: SEC"We allege that Nielsen engaged in multiple forms of deception to exploit investors amidst the COVID-19 pandemic," the regulator said.
June 09, 2020
FINRA Mulls Rules on Exam CheatingFINRA's recent exam sweep of firms that are not charging commissions for trades will also be discussed.
June 08, 2020
SEC Commish Peirce's Renomination Sent to SenateThe White House still has not nominated a replacement for former Democratic commissioner Robert Jackson.
June 08, 2020
IRS Rules on Union Health Reimbursement Arrangement Hybrid ProgramThe participants could allocate employer contributions between the HRA and a defined contribution retirement plan.
June 05, 2020
Ex-Cetera Rep's Suspension Is Reminder: Brokers Work for Clients, Not In-LawsFINRA suspends and fines a former broker who moved money based on instructions from a client's son-in-law.
June 04, 2020
Merrill Repaid $7M to Fund Investors for OverchargesThe firm failed to ensure that clients received sales charge and fee waivers they were entitled to, FINRA says.