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.
States' Lawsuit Against SEC Reg BI Dismissed by Lower Court
By Melanie WaddellThe court wants the matter to be taken up by the appeals court with original jurisdiction over SEC rules.
October 09, 2019
IRS Issues FAQ on Virtual CurrencyNew guidance addresses issues around using virtual currency as payment and the tax implications of a "hard fork."
October 08, 2019
FINRA Updates Reg BI Webpage With Compliance ChecklistThe checklist outlines major requirements and notes differences between FINRA and rules and SEC's Reg BI and Form CRS.
October 07, 2019
New Draft National Security Rules Could Affect Insurance DealsOne company affected by past CFIUS reviews is Genworth.
October 04, 2019
FINRA Board Approves Expungement ChangesFINRA approved creating a roster of arbitrators with enhanced training to decide whether to expunge customer complaints about brokers.
October 03, 2019
2 Steps to Building a Cybersafe RIAThe SEC wants advisors to better protect client data. Here's how to get started.
October 02, 2019
2 BMO Units Must Pay SEC $37M Over Proprietary Fund UseThe advisors failed to tell clients about certain aspects of how the advisors selected investments in their retail investment advisory program.
October 02, 2019
Number of BDs Continues Steady Decline, FINRA Report ShowsThe report "is further evidence of the decline of the broker-dealer model," said former FINRA enforcement chief Bennett.