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.
BD Fined $100K for Not Protecting Client Data
By Janet LevauxThe violations took place over a five-year period, Massachusetts securities regulators say, and involved the use of a third-party CMS.
December 26, 2018
SEC Appoints First Advocate for Small Business Capital FormationMartha Legg Miller to head up SEC's new Office of the Advocate for Small Business Capital Formation in new year.
December 24, 2018
IRS Eases ACA Individual Penalty Exemption Process for 2018The notice will free people from having to apply to ACA public exchange programs to get hardship exemptions.
December 21, 2018
FINRA Slams Ex-Morgan Stanley Broker Ami Forte Over Trades in Billionaire's AccountThe former star broker is accused of excessive trading; she accuses FINRA of "strong-arm and coercive tactics."
December 21, 2018
SEC Charges Wealthfront, Hedgeable in Its First Robo ActionsThe regulator charged Wealthfront with making false statements and misleading ads and faulted Hedgeable's performance comparisons.
December 21, 2018
SEC Charges 13 More Unregistered Brokers Who Sold Woodbridge Securities to Investors: EnforcementThe SEC also sued an investment advisor for defrauding clients.
December 21, 2018
FINRA Issues Report on Best Cybersecurity PracticesThe group highlights five areas of focus, such as how to limit phishing attacks and how to implement controls on mobile devices.
December 20, 2018
SEC's 6 Compliance Exam Priorities for RIAs in 2019The SEC "will maintain its focus on critical market infrastructure and Main Street investors" in the year ahead, says Chairman Clayton.