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.
Morgan Stanley Hit With $1.5M SEC Penalty Over Faulty Share Class Calculator
By Melanie WaddellThe calculator experienced errors, causing the BD not to provide optimal share classes for retirement and charity accounts.
November 06, 2019
Merrill, Raymond James to Return $12M in Excess 529 Plan FeesThese matters concern issues that pre-date FINRA's 529 Plan Share Class Initiative, announced earlier this year.
November 05, 2019
SEC Approves Proposed Proxy Rule ChangesThe rules, if finalized, would make it more difficult for investors to challenge corporate management on environmental, social and governance issues.
November 04, 2019
SEC Issues Plan to Modernize RIA Ad RulesThe plan would allow for testimonials, endorsements and third-party ratings in some marketing materials.
November 04, 2019
SEC's Newest Whistleblower Charges Spotlight Investors as Potential TipstersJane Norberg, the chief of the SEC's whistleblower office, said, "Anyone who seeks to report potential securities law violations to the commission," is protected.
November 01, 2019
SEC Readies Updates to RIA Ad RulesThe Advertising Rule "hasn't been significantly amended since 1961 — long before social media," said Investment Adviser Association President & CEO Karen Barr.
November 01, 2019
SEC Takes Aim at Proxy VotingESG supporters fear the move will thwart efforts to push companies toward more transparent reporting and better behavior.
October 30, 2019
Human Capital: Norm Champ, Ex-SEC IM Director, Takes on Financial LiteracyOn Episode #3 of Human Capital podcast, Champ discusses the pending economic crisis, as well as the financial literacy crisis.