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.
Sen. Warren: DOL Fiduciary Rule That Copies Reg BI Is a 'Costly Mistake'
By Melanie WaddellWarren warned Labor Secretary Eugene Scalia not to propose a weak rule.
December 09, 2019
Another Broker Impersonated Clients … 6 of Them. FINRA Wasn't Pleased.FINRA suspended and fined the former Investacorp rep after he impersonated customers in calls to Nationwide.
December 09, 2019
Troubled Atlanta BD Shuts DownThe news comes four months after it had "substantial losses" from unauthorized bond trades.
December 06, 2019
FINRA Bars Broker Who Hid Personal Financial ProblemsThe rep failed to provide documents and info FINRA requested during an investigation.
December 06, 2019
Ex-Raymond James Rep Suspended After Violating Trading RulesThe broker made securities transactions in his own account after becoming privy to confidential info, FINRA says.
December 06, 2019
Industry Needs Clarity on Reg BI: SEC CommissionersSEC Commissioner Allison Herren Lee is "staying riveted" on agency FAQs, as they are "early interpretations" and "potential enforcement attempts."
December 06, 2019
Ex-Morgan Stanley Rep Suspended Over Unsuitable Muni Bond SalesThe broker incurred unnecessary fees by buying the funds in brokerage accounts and transferring them, FINRA said.
December 05, 2019
FINRA Suspends Goldman Rep for Bringing Phone to ExamIt was unclear whether she used the phone while taking the test.