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.
DOL Fiduciary Rule Hangs in Balance as Labor Secretary Acosta Resigns
By Melanie WaddellAcosta's resignation "will affect the development of any guidance that could be controversial," says lawyer Fred Reish.
July 09, 2019
FPA Calls for CFP Board to Delay Enforcement of New Ethics StandardsCFPs shouldn't have to make two separate sets of changes, the group argues.
July 09, 2019
DOL, IRS Must Collaborate on Prohibited IRA Transactions: GAODOL and IRS need to set up a memorandum of understanding or other mechanism to collaborate on oversight of such transactions.
July 08, 2019
Fed Stands by Openness to Cut Rates in Semiannual ReportThe report was completed before the release of the stronger-than-expected May jobs report.
July 08, 2019
SEC, FINRA Clarify Broker-Dealer Custody of Digital AssetsFor one thing, BDs with custody of these assets must comply with the Customer Protection Rule.
July 08, 2019
Trump Signs IRS Redesign Bill Into LawThe law requires the IRS to submit to Congress in 2020 a plan to redesign the agency.
July 08, 2019
Hedge Fund Manager Jeffrey Epstein Charged With Sex TraffickingHe previously avoided federal sex-trafficking charges in a deal arranged by Alexander Acosta, now Labor secretary.
July 03, 2019
SEC Chair's Top Aide Leaving for Private Law PracticeJay Clayton is promoting Sean Memon, his deputy chief of staff, to replace Lucas Moskowitz, according to the regulator.