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 Release Set for December
By Melanie WaddellAn earlier release is possible given the SEC's expected timeline on Regulation Best Interest.
May 22, 2019
'Don't Hold Your Breath' Waiting on a Bitcoin ETF: SEC's PeirceThe SEC commissioner who would like to see approval for a Bitcoin ETF says the agency still has many questions.
May 21, 2019
SEC Halts Diamond-Related Crypto SchemeThe Ponzi scheme targeted more than 300 investors in the U.S. and Canada.
May 21, 2019
Draft Regs Could Affect Non-U.S. Banks With Small U.S. Insurance OperationsThe rules might exclude entities with large U.S. insurance underwriting operations.
May 20, 2019
IRS Audits on Wealthiest Americans PlummetAudit rates plunged 54% for those with AGIs of $10 million or more and 46% for those earning between $5 million and just under $10 million.
May 17, 2019
Retirees Beware: IRS Pension Buyout Stance Shifts (Again)The recent IRS change of course on this issue may add complications into the mix for retired clients who are already in pay status.
May 17, 2019
Reg BI Is Epic Moment for Brokerage Industry: FINRA's Legal ChiefWith Reg BI, the SEC is "trying to save the broker-dealer business as we know it," said FINRA's chief legal officer.
May 16, 2019
SEC Prevails in High-Yield Securities CaseThe case against a New York brokerage centered on misleading investors on the value of high-yield securities.