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.
Oppenheimer to Pay $4.7M Over Early UIT Rollovers
By Jeff BermanFINRA ordered the firm to pay a fine and restitution.
December 27, 2019
FINRA Bars Ex-J.P. Morgan Broker Who Allegedly Stole From Co-WorkerThe advisor was accused of making unauthorized transactions on a colleague's credit card.
December 27, 2019
FINRA Bars Bitcoin-Bewitched BrokerThe advisor conducted unapproved business in Bitcoin, then refused to cooperate with an investigation, FINRA said.
December 26, 2019
IRS Cuts ACA Individual Mandate Penalty Out of Tax FormsThe agency notes that, legally, the coverage requirements do still apply.
December 26, 2019
FINRA Fines 5 Big Firms for 'Know Your Customer' FailuresLPL, Merrill and Morgan Stanley were among the firms.
December 26, 2019
Secure Act, Fiduciary Rules Set Up a Doozy of a Compliance YearMajor changes are afoot in the rules that govern advice-giving.
December 23, 2019
FINRA Hits Broker for Recommending Nontraded REITs, BDCs to SeniorsAdvisor violated FINRA rules in making "high-risk" investments for his elderly customers.
December 23, 2019
FINRA, Exchanges Blast Credit Suisse Over Failure to Prevent Market ManipulationThe firm was censured and fined $6.5 million.