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 Suspends Ex-State Farm Rep for Forging His Parents' Signatures
By Jeff BermanThe rep also falsified powers of attorney for his parents, who were clients, FINRA says.
April 27, 2020
IRS Provides Coronavirus Filing ReliefIndividuals and businesses, IRA rollovers get July 15 extension; new filing tools launched.
April 24, 2020
FINRA Is on a Hiring SpreeFINRA's new virtual onboarding initiative, "FINRA in a Box," was launched in March to get new workers set up at home.
April 24, 2020
FINRA Wants IAR Info to Be Available on BrokerCheckThe SEC's investment advisor database recently added BrokerCheck info.
April 21, 2020
Iowa Proposes Best-Interest Rule for BDs, Annuity AgentsIowa Insurance Division's plan is based on model regulation approved earlier this year.
April 20, 2020
IRS Issues Warning to Non-Filers on Dependent Stimulus PaymentsIndividuals must act by Wednesday if they didn't file a 2018 or 2019 tax return, to get the $500 dependent stimulus payments.
April 20, 2020
SEC Says Ex-Merrill Rep Bilked Pastors and Churchgoers, Bought Luxury GoodsThe broker also made Ponzi-like payments to investors in the scheme, the SEC says.
April 20, 2020
SEC Hits Merrill Over 12b-1 FeesThe firm was accused of failing to disclose a conflict of interest when advising clients to buy mutual fund shares with fees.