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-Northwestern Mutual Rep Suspended for Not Disclosing Child Sex Abuse Charges
By Jeff BermanThe former broker was charged with three felonies in Michigan, FINRA says.
February 03, 2020
IRS Offers Older Taxpayers a Senior-Friendly Form 1040Form 1040-SR is easier to read and allows income reporting from sources common to seniors.
February 03, 2020
IRS to Send 12 Teams Out to Audit Micro CaptivesThe teams could look at 'several thousand' insurance arrangements.
February 03, 2020
FINRA Plan Would Allow Capital Acquisition Brokers to Register as AdvisorsCABs could register as investment advisors if the advisory services are provided only to institutional investors.
January 31, 2020
Health Premium Tax Credit Spending Rises Sharply: IRSThe end of the cost-sharing reduction subsidy program may have increased ACA tax credit spending.
January 30, 2020
Fight Over SEC Proxy Rule Changes Comes to a HeadAlmost 7,000 commenters have weighed in, mainly against the changes.
January 29, 2020
SEC Says Former Advisor Stole $2.4M From Elderly ClientsThe former dually registered advisor took $1.4 million from advisory clients and another $1 million from brokerage clients, the SEC says.
January 28, 2020
FINRA Suspends 2 Reps Who Blundered With Elderly ClientsOne broker allegedly borrowed $150,000 from a 90-year-old client, while the other made unsuitable investments.