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.
Scalia Sworn In as New Labor Secretary
By Melanie WaddellAttorneys see a Labor fiduciary rule released any day now and surmise what it may entail.
October 25, 2019
FINRA Says BDs Must Continue Yearly Compliance MeetingsAfter a retrospective review, the compliance meeting will remain intact.
October 25, 2019
FINRA Slaps RBC With $2.9M FineOver eight years, the firm failed to ensure that investors in ETFs, ETNs and mutual funds received prospectuses.
October 25, 2019
BNP Paribas Hit With $15M FINRA Fine for AML FailuresBNP's AML program did not include any surveillance targeting potential suspicious transactions involving penny stocks, FINRA says.
October 24, 2019
FINRA Suspends a Top Advisor for Cheating on CE CourseworkBruce K. Lee, formerly with Merrill and now with an RIA, had staffers complete his CE training for nearly four years.
October 24, 2019
SEC to Continue Private Funds Focus in 2020The Retail Strategy Task Force has been "very effective," says SEC's Adam Aderton.
October 21, 2019
FINRA Bars 2 Advisors for Excess Trading in Billionaire Roy Speer's AccountsForte Group made more than 2,800 trades in Speer's accounts in less than a year, FINRA says.
October 21, 2019
FINRA Won't Nix Suitability Rule in Light of Reg BIFINRA plans to submit to its board shortly a rule proposal on sales contests and FINRA's suitability rule "to conform them to Reg BI," its legal chief says.