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 Bars Ex-Fidelity Rep Who Refused to Testify
By Jeff BermanThe broker was terminated for alleged personal trading and related conduct involving a penny stock.
February 20, 2020
FINRA Bars Ex-Rep Who Took Money From ClientsThe broker told clients he was investing their money in a celebrity brand marketing company, FINRA said.
February 20, 2020
FINRA Orders Pershing to Pay $5.6M to More Stanford VictimsThe claimants accused Pershing of aiding and abetting Sanford's multibillion-dollar fraud.
February 19, 2020
FINRA Orders Stifel to Pay $500K in Customer DisputeClient claimed firm's rep "mishandled" her account via "unsuitable, unauthorized, and excessive trading."
February 19, 2020
High-Income Tax Evaders Can Expect IRS Home VisitIRS to boost face-to-face visits with taxpayers earning $100,000 or more that did not file a tax return.
February 19, 2020
FINRA Suspends Ex-Merrill Rep Over Unauthorized TransactionsThe former broker signed 15 subscription agreements with a third-party advisor, the regulatory group says.
February 18, 2020
FINRA Suspends Ex-Thrivent Rep Who Worked at Animal HospitalThe broker had multiple side gigs, according to FINRA.
February 18, 2020
SEC Aims to Shake Up Exchanges' Market Data DominationIn effect, its proposal would replace the "exclusive" model with a decentralized model of "competing consolidators."