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.
How Big Firms, Small Firms Are Preparing SEC's Form CRS
By Melanie WaddellAt FINRA's Reg BI event, panelists from Wells Fargo and a small broker-dealer compared their approaches.
December 16, 2019
Merrill, Brokers Off the Hook for Foreign Investors' Losses: FINRA PanelTwo claimants deposited a "substantial amount of money" into a Merrill account with access to margin borrowing.
December 16, 2019
FINRA Seeks SEC OK on Rule to Align With Reg BIAnother rule would require BDs with a significant history of misconduct to maintain a segregated account with restricted withdrawals.
December 13, 2019
FINRA Fines Jefferies for Failure to Prevent Market ManipulationThe firm allegedly lacked supervisory procedures and systems to stop more than 150,000 cases of manipulation.
December 13, 2019
The SEC's Whistleblower Bounty Program Needs ReformThe agency expends resources responding to thousands of tips that ultimately have no merit.
December 12, 2019
FINRA Names Consolidated Exam TeamFINRA's three exam functions have been consolidated into a single, unified program.
December 12, 2019
FINRA Upholds Bar on Broker Accused of FraudA FINRA panel found in 2018 that the California-based advisor had misled investors in a fund he controlled.
December 12, 2019
FINRA Suspends Ex-UBS Broker Who Was Duped by HackerThe rep was fooled by an impersonator into wiring a client's money to third-party bank accounts.