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.
Ex-LPL Rep Suspended Over Unapproved Email Accounts
By Jeff BermanThe former broker said he didn't use the unapproved system to communicate with LPL clients.
May 28, 2020
FINRA Suspends Ex-Ameriprise Rep for Selling Shares in Friend's Firm to ClientsFormer broker invested about $550,000 of clients' money in his friend's energy firm, regulator says.
May 27, 2020
IRS Floats Plan to Update Withholding Rules for Annuity PaymentsThe 2020 default rate of withholding on periodic payments will continue to be based on treating the taxpayer as a married individual.
May 27, 2020
FINRA Suspends Ex-Wells Fargo Rep Who Borrowed $16K From ClientThe broker then falsely claimed he did not engage in any such arrangement, the regulator says.
May 27, 2020
Regulatory Groups Gear Up Remote Exam RequirementsFINRA reduces mediation fees and enhances action against new wave of scams.
May 26, 2020
FINRA Suspends Ex-Morgan Stanley Rep Who Botched Account TransferThe broker transferred $1 million without proper authorization, FINRA said.
May 22, 2020
IRS Adds a Little Give to HSA LimitsMinimum individual and family deductibles are staying the same.
May 22, 2020
Bill Would Require SEC to Create New Annuities FormCurrent rules for registering index-linked annuities deter innovation and create barriers to entry, says a trade group.