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 Plans Reg BI 'Preparedness' Exams
By Melanie WaddellThe regulator will assess firms' Reg BI compliance status as the deadline approaches.
November 08, 2019
Morgan Stanley Hit With $1.5M SEC Penalty Over Faulty Share Class CalculatorThe calculator experienced errors, causing the BD not to provide optimal share classes for retirement and charity accounts.
November 07, 2019
IRS Seeks to Adjust RMDs for Longer LivesThe proposed regs "recompute required distributions from IRAs, 401(k)s, and similar plans," says former tax attorney Andy Friedman.
November 06, 2019
IRS Bumps Up 401(k) Contribution Limit for 2020The tax authority has announced contribution limits and deduction phase-outs for retirement accounts next year.
November 06, 2019
Merrill, Raymond James to Return $12M in Excess 529 Plan FeesThese matters concern issues that pre-date FINRA's 529 Plan Share Class Initiative, announced earlier this year.
November 05, 2019
SEC Approves Proposed Proxy Rule ChangesThe rules, if finalized, would make it more difficult for investors to challenge corporate management on environmental, social and governance issues.
November 04, 2019
SEC Issues Plan to Modernize RIA Ad RulesThe plan would allow for testimonials, endorsements and third-party ratings in some marketing materials.
November 04, 2019
SEC's Newest Whistleblower Charges Spotlight Investors as Potential TipstersJane Norberg, the chief of the SEC's whistleblower office, said, "Anyone who seeks to report potential securities law violations to the commission," is protected.