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 Suitability Rule Likely a 'Non-Factor' Due to Reg BI: Attorney
By Melanie WaddellFINRA can likely bring suitability cases under Reg BI instead, writes Bates Group's Hank Sanchez in a just-released paper.
September 04, 2019
SEC Charges 2 Nevada Felons in Sports Betting ScamThe two men and several accomplices bilked more than 600 investors out of $29.5 million, the SEC said.
September 03, 2019
SEC Charges Cetera Unit With Defrauding Clients Over 12b-1 FeesCetera Advisors received $10 million in undisclosed compensation tied to the fees, the SEC says.
September 03, 2019
Ex-SEC Enforcement Chief Khuzami Takes Leadership Role at Guggenheim PartnersKhuzami becomes managing partner and chief legal officer at Guggenheim, one of his former clients.
September 01, 2019
What Life Insurers Are Telling the SEC About the 2017 CSO ShiftOne warning: The tax consequences of extending policy maturity dates past age 121 are unclear.
August 29, 2019
Ed Slott: IRS Ruling Could Alter RMD TimingA ruling on uncashed distribution checks may require advisors to be more careful with RMDs.
August 27, 2019
Reg BI, Form CRS Status Check: Is Your Compliance Where It Should Be?Industry attorneys along with FINRA are weighing in with advice and steps on getting up to speed with the SEC advice-standards package.
August 27, 2019
How the BDs of the Year Are Prepping for Reg BI"It's been a long haul. I don't know how much more best interest we can get into our procedures," said The Investment Center's Ralph DeVito.