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.
IRS Issues FAQ on Virtual Currency
By Melanie WaddellNew guidance addresses issues around using virtual currency as payment and the tax implications of a "hard fork."
October 04, 2019
FINRA Board Approves Expungement ChangesFINRA approved creating a roster of arbitrators with enhanced training to decide whether to expunge customer complaints about brokers.
October 03, 2019
2 Steps to Building a Cybersafe RIAThe SEC wants advisors to better protect client data. Here's how to get started.
October 02, 2019
2 BMO Units Must Pay SEC $37M Over Proprietary Fund UseThe advisors failed to tell clients about certain aspects of how the advisors selected investments in their retail investment advisory program.
October 02, 2019
Number of BDs Continues Steady Decline, FINRA Report ShowsThe report "is further evidence of the decline of the broker-dealer model," said former FINRA enforcement chief Bennett.
October 02, 2019
FINRA Slaps UBS With $2M Fine for Repeat Muni ViolationsUBS failed to timely address municipal short positions and inaccurately represented the tax status of thousands of interest payments to customers.
October 01, 2019
SEC Asks About Changing Accredited Investor Rule; Comments Pour InCommenters ranging from individual investors to the world's largest asset manager said their piece.
September 27, 2019
Sen. Warren Wants the SEC to Crack Down on Inflated Bond RatingsThe agency needs to address the conflict of interest of bond ratings agencies being paid by bond issuers, Warren says.