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.
IRS Issues Guidance Amid Secure Act RMD Confusion
By Melanie WaddellSome financial institutions sent incorrect notices about RMDs. Here's what to tell your clients, according to Ed Slott.
January 24, 2020
California Couple Busted in $910M Ponzi SchemeThe scheme involved alternative energy tax credits; the couple bought 150 cars with some of the cash.
January 24, 2020
New Year Brings Renewed Fiduciary BattleThe SEC best-interest rule faces its day in court as release of Labor's fiduciary rule is imminent.
January 24, 2020
Ron Carson Wins Expungement of $20K Client ComplaintThe client complained about mutual fund charges; the arbitrator agreed with Carson's lawyer that she had no case.
January 24, 2020
IRS to Fraternals: If You Want a Tax Break, Get Some RegaliaThe IRS also wants fraternals to have lodges, and rituals.
January 23, 2020
FINRA Bans Supervisor of Barred BD From SupervisingThe BD's reps "traded clients' accounts like sharks in a feeding frenzy," a New Jersey regulator said.
January 22, 2020
FINRA Sends Ex-LPL Rep Back to SchoolThe broker must complete 20 hours of continuing education after violating private securities transaction rules.
January 22, 2020
FINRA Bars Ex-Merrill Rep Who Refused to TestifyRegulator was investigating broker over alleged misuse of client funds.