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.
TD Ameritrade Exec: Advisory Fee Tax Deduction Needed More Than Ever
By Jeff BermanSkip Schweiss also discussed the SEC Advertising Rule and gave a warning about Reg BI compliance.
May 14, 2020
SEC Launches PPP Loan Sweep of Public CompaniesThough the enforcement probe is focused on public firms, advisors could be questioned on PPP loans in their next exam, a lawyer says.
May 13, 2020
SEC Orders Ponzi Schemers to Pay $2.8MAt least 55 investors – mostly seniors and small business owners – were targeted in scheme, regulator says.
May 13, 2020
FINRA: Fraud Continues to Be Major Challenge During PandemicThe "biggest potential problem" is phishing, risk oversight officer Bill Wollman says.
May 12, 2020
Morgan Stanley to Pay $5M Over Wrap-Fee IssuesThe SEC says the wirehouse often directed clients' trades in ways that led to extra transaction charges from 2012 to 2017.
May 12, 2020
IRS: 6 Reasons a Stimulus Check Could Be Less Than ExpectedIf your clients are disappointed with their Economic Impact Payment, they may fall into one of these categories.
May 11, 2020
FINRA Announces Delay in Online Test-Taking RegistrationThe broker-dealer regulator said late Sunday that it needs more time to pilot the online test-taking program.
May 08, 2020
FINRA Sees Operating Revenue Flat in 2020FINRA is again projecting that its expenses will exceed operating revenue for the year.