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.
IRS Warns: Scammers Drooling Over Stimulus Checks
By Michael S. FischerOne red flag is use of the term "stimulus check" instead of "economic impact payment."
April 02, 2020
FINRA Bars Ex-LPL Rep Over 'Reckless Misrepresentations'The former broker signed seven loan agreements for a client without the firm's authorization, FINRA says.
April 02, 2020
SEC Won't Extend Reg BI, Form CRS Compliance DateFirms facing disruptions due to COVID-19 "should engage with us," SEC chief Jay Clayton said.
April 01, 2020
IRS Guidance on Stimulus Payments Contradicts CARES Act, Senators WarnThey urged the IRS to correct the guidance, which states that Social Security recipients can't get a check without filing a tax return.
March 31, 2020
FINRA Bars Ex-Morgan Stanley Rep Accused of Changing Client DocsThe advisor refused to cooperate with the regulator's investigation.
March 30, 2020
Sen. Burr's Stock Trade Argument May Not Hold Water With SECYou don't have to actually use the material nonpublic information to face insider trading charges.
March 30, 2020
DOJ Scrutinizes Senators' Stock Sales After Virus Briefings: ReportsThe Justice Department, SEC and FBI are said to be in the process of reviewing Sen. Richard Burr's transactions.
March 30, 2020
Take Care on Form ADV Extensions, Check Details on Form CRSAdvisors must file the Customer Relationship Summary disclosure document from May 1 through June 30, 2020.