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 Extends Exam Window, Annual Report Filing
By Melanie WaddellFINRA recently released a FAQ in light of the coronavirus pandemic.
March 18, 2020
CPA Group Calls on Treasury, IRS to Extend Tax Filing Deadline"It is impossible for every taxpayer and their tax adviser to prepare returns in this environment," said AICPA's president.
March 17, 2020
FINRA Suspends Ex-Merrill Rep for Cheating on Exams TwiceThe ex-broker was caught with notes during two separate industry exams less than a month apart, the regulator says.
March 17, 2020
IRS Delays Tax Payment Deadline for 90 DaysIndividuals can defer up to $1 million in tax payments; the administration is also considering direct payments.
March 16, 2020
SEC, Nasdaq Chiefs Say Markets Can Handle Volatility, Should Stay OpenThe markets are functioning well, SEC Chairman Jay Clayton says. But strategist Jim Bianco says failure to act could mean bigger disruptions later.
March 16, 2020
SEC Extends Some Form ADV Deadlines; FINRA Cancels EventsExtensions "provide additional time so affected funds and advisers can continue meeting the expectations of their investors and clients," SEC Chairman Clayton said.
March 13, 2020
FINRA Tweaks Suitability Rule to Address Reg BI ConflictsFINRA is also adjusting its noncash compensation rules.
March 12, 2020
SEC Gets Final Judgment Against Ex-Morgan Stanley, Wells Fargo RepThe former broker had pleaded guilty to swindling more than $1.6 million from customers.