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.
FINRA Hits Summit With $880K Fine Over Excess Trading
By Janet LevauxOne advisor placed close to 535 trades for a retired client, who paid more than $171,000 in commissions over three years.
June 28, 2019
FINRA Posts a Net Loss for the YearThe total amount of fines decreased by $3.9 million in 2018 to $61 million.
June 28, 2019
Road to an SEC Exam Is Paved With Good IntentionsThe SEC message is not subtle: "We're coming for you." And when they come, you might not be as ready as you think you are.
June 27, 2019
SEC Reg BI Involves 'Massive Implementation' Process: PeirceSEC Commissioner Peirce urged broker-dealer execs Thursday to alert the agency quickly to any Reg BI compliance hurdles.
June 27, 2019
SEC Busts $43M Tribal Bonds SchemeThe scheme looted pension funds and a Native American tribal corporation, the SEC said.
June 26, 2019
House Votes to Halt SEC Regulation Best InterestBut Waters' amendment blocking enforcement of the rule is likely a tough sell in the Senate.
June 24, 2019
Rep. Waters Seeks to Block SEC Regulation Best InterestThe House Financial Services Committee chairwoman's amendment to the financial services appropriations bill to block funding for enforcement of Reg BI was approved by the House Rules Committee late Monday.
June 21, 2019
Ron Rhoades: SEC Reg BI Is 'Greatest Securities Fraud in History'The fiduciary law expert gives ThinkAdvisor a piece of his mind on the SEC's new best-interest rule.