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.
Industry Groups Push Indie Candidate for FINRA Board
By Janet LevauxFSI and the Bank Insurance & Securities Association are both supporting ProEquities President and CEO Chris Flint.
July 22, 2019
14 New Weaknesses Discovered in IRS' Security Control Systems: GAO"Weaknesses like these place IRS' systems and data at risk," GAO said.
July 19, 2019
Reg BI Footnote Justifies Pausing SEC Share Class Disclosure InitiativeFootnote 60 reveals an agency that is seeking to paper the record after failing to make its expectations clear around 12b-1 fees.
July 18, 2019
Trump to Nominate Eugene Scalia as New Labor SecretaryGibson Dunn attorney Scalia, son of deceased Justice Antonin Scalia, argued against Labor's fiduciary rule last year.
July 17, 2019
HSA Plans Can Offer No-Deductible Blood Pressure Monitors: IRSThe IRS will also let HDHPs put other chronic care products and services in the preventive care package.
July 17, 2019
Will Acting Labor Secretary Pizzella Greenlight a Fiduciary Rule?A rule release by Labor now hinges on "how much authority is Pizzella going to feel that he has," said Joshua Lichtenstein, partner at Ropes & Gray.
July 17, 2019
FINRA Settles With 56 BDs, Gets $89M in Restitution Under Mutual Fund Fee InitiativeThe multi-year effort's goal was obtaining "restitution for mutual fund investors who were not afforded the sales charge waivers they were entitled to," FINRA said.
July 16, 2019
FINRA Hits Woodbury With Fine Over Annuity-Related FailuresFirm's weak system for dealing with additions to existing VAs affected more than 3,800 transactions, FINRA says.