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.
High-Income Tax Evaders Can Expect IRS Home Visit
By Melanie WaddellIRS to boost face-to-face visits with taxpayers earning $100,000 or more that did not file a tax return.
February 18, 2020
SEC Aims to Shake Up Exchanges' Market Data DominationIn effect, its proposal would replace the "exclusive" model with a decentralized model of "competing consolidators."
February 14, 2020
Barred CCO Had 'Complete Lack of Qualifications' for the JobA federal judge says the CCO acted recklessly and helped a Chicago-area firm commingle funds.
February 13, 2020
SEC Issues Updated FAQs on Reg BI, Form CRSThe FAQs address accredited investors, dual registrants and affiliate relationships.
February 12, 2020
IRS Needs to Clarify Virtual Currency Rules: GAOIRS and Treasury's FinCEN also need to explain how foreign asset reporting laws apply to virtual currency, GAO said.
February 12, 2020
FINRA Bars Broker Tied to Woodbridge Ponzi SchemeA Forest Securities rep sold more than $3 million in notes related to a $1.2 billion Ponzi scheme.
February 12, 2020
IRS Shows How the TCJA Life Policy Sale Tax Rules Might Really WorkOne sample shows a consumer's taxable income from a policy sale going to zero, from $19,750.
February 12, 2020
FINRA Seeks to Close '$1 Expungement Case' LoopholeThe regulator would charge a minimum filing fee for expungement cases. But industry attorneys aren't impressed.