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.
GAO Asked to Investigate Impact of DOL Fiduciary Rule
By Nick ThorntonLabor's fiduciary rule, which was finalized in 2016 after nearly six years of effort, was vacated by a federal court last year.
June 18, 2019
SEC Wants to Ease Access to Private Placements"We are taking a critical look at our exemptions from registration," said SEC Chairman Jay Clayton.
June 18, 2019
Wedbush Hit With $8.1M SEC Fine Over Improper Handling of ADRsWedbush improperly obtained pre-released ADRs from depositary banks, the SEC said.
June 17, 2019
KPMG to Pay $50 Million to SEC for Using Stolen Watchdog DataFive former KPMG employees were accused of interfering with PCAOB inspections.
June 14, 2019
IRS Redesign Bill Poised to Arrive on Trump's DeskThe newly passed version of the Taxpayer First Act dropped a provision barring the IRS from creating free tax-prep software.
June 14, 2019
SEC's In-House Judge System Denies Access to JuriesA Supreme Court ruling changed the way ALJs are appointed, but the fairness of the system itself has gone unaddressed.
June 13, 2019
FINRA Expels Crowdfunding Portal DreamFunded, Bans CEODreamFunded and its CEO "committed multiple violations" of SEC and FINRA crowdfunding rules, the regulator said.
June 12, 2019
IRS Kills State Workarounds for SALT Deduction LimitThe regulation limits the deductibility of contributions to charitable funds designed to get around the $10,000 limit.