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.
Ex-MLB Player Wins $2M Payout From Merrill in Bond Dispute
By Jeff BermanFormer outfielder Angel Pagán said his rep put his money in unsuitable Puerto Rico muni bonds and closed-end bond funds.
January 17, 2020
Royal Alliance Fined Over Reps' Theft of $3.8MDespite red flags, two now-barred advisors took the funds via wire transfers and checks to shell companies, FINRA says.
January 17, 2020
FINRA Names New Head of EnforcementJessica Hopper replaces Susan Schroeder who departed in September.
January 17, 2020
Cautionary Tales From the SEC 2019 Annual ReportPlus, what to expect from the regulator going forward.
January 16, 2020
SEC Taps First Chief Data OfficerAustin Gerig will help the agency use data analytics to support enforcement and exams, as well as to protect investor data.
January 16, 2020
SEC Commissioner Robert Jackson to DepartThe Democratic commissioner will leave his post on Feb. 14.
January 15, 2020
J.P. Morgan Securities to Pay SEC $1.5M for Share Class ViolationsThe brokerage firm failed to provide retail retirement account and charity customers with sales charge waivers and lower-fee share classes.
January 15, 2020
FINRA, SEC Warn of Ongoing Cyber ThreatsPhishing, ransomware and disgruntled ex-workers are among the many challenges firms face.