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.
FINRA Bans Supervisor of Barred BD From Supervising
By Jeff BermanThe BD's reps "traded clients' accounts like sharks in a feeding frenzy," a New Jersey regulator said.
January 22, 2020
Ex-MLB Player Wins $2M Payout From Merrill in Bond DisputeFormer outfielder Angel Pagán said his rep put his money in unsuitable Puerto Rico muni bonds and closed-end bond funds.
January 21, 2020
Lawmakers Scold SEC's Clayton Over Committees' Lack of DiversityMeanwhile, here's what SEC commissioners hope the new asset management advisory committee will focus on.
January 21, 2020
FINRA Bars Broker for Working Against Interests of His Firm, ClientsThe rep also provided a false response to FINRA during its investigation of his actions.
January 17, 2020
Royal Alliance Fined Over Reps' Theft of $3.8MDespite red flags, two now-barred advisors took the funds via wire transfers and checks to shell companies, FINRA says.
January 17, 2020
FINRA Names New Head of EnforcementJessica Hopper replaces Susan Schroeder who departed in September.
January 17, 2020
Cautionary Tales From the SEC 2019 Annual ReportPlus, what to expect from the regulator going forward.
January 16, 2020
SEC Taps First Chief Data OfficerAustin Gerig will help the agency use data analytics to support enforcement and exams, as well as to protect investor data.