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 Panel Orders Missouri Firm to Fork Over $750K
By Jeff BermanA rep for the firm, Huntleigh Securities, was accused of making unsuitable investments for a client.
March 06, 2020
FINRA's Top 5 Fine Categories in 2019The numbers indicate "a kinder and gentler FINRA — at least temporarily," Eversheds Sutherland's Brian Rubin says.
March 05, 2020
FINRA Suspends Ex-AXA Rep Over Secret SettlementThe rep was "permitted to resign" from the firm while being investigated over a customer complaint.
March 05, 2020
SEC Issues Relief to Fund Boards in Light of CoronavirusRelief extends to board meetings held from now to June 15, but that could be extended, SEC IM director Blass said.
March 05, 2020
SEC Commissioner Lee Sees Trouble Spots in Ad Rule PlanThe rule's principles-based approach could be tricky for firms to follow, Allison Herren Lee said at a conference.
March 04, 2020
FINRA Bars Another Ex-Broker From Shuttered BD First StandardThe rep, like others from the firm, was accused of excessive trading.
March 04, 2020
SEC Targets One More Suspect in $345M SchemeThe SEC filed a subpoena enforcement action against another person believed to be involved in bilking pro athletes and advisors.
March 03, 2020
Advisors to Cough Up $564K for Undisclosed Conflicts of InterestIn separate actions, SEC charged two advisors over their connections to Aequitas Management.