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.
SEC Credit Ratings Exam Report Details Compliance Snafus
By Elizabeth FestaThe SEC found that at times, the NRSROs didn't stick to their own stated methodologies and criteria when determining ratings.
December 18, 2018
SEC Seeks Comments on Earnings, Quarterly Report ChangesShould companies be allowed to report earnings less frequently?
December 17, 2018
New IRS Draft Regs Might Bite Multinational Life InsurersThe new 'BEAT' rules might fight income shuffling games — if anyone can read them.
December 17, 2018
Unpaid Arb Awards Decreasing but Still a ProblemUnpaid awards represent "about 2% of the nearly 13,000 customer cases closed between 2012 and 2016," said FINRA's Berry.
December 17, 2018
SEC Hits BNY Mellon for $54M Over Improper ADR HandlingBNY Mellon improperly provided ADRs to brokers in thousands of prerelease transactions, the SEC says.
December 17, 2018
SEC Warns RIAs to Review Electronic Communication PoliciesAn OCIE Risk Alert zeros in on advisor infractions of the Books and Records and Compliance Rules.
December 13, 2018
Executives to Pay $2.7M to Settle ICO Scam Charges: EnforcementThe SEC also charged an advisor and his daughter with running a Ponzi scheme.
December 13, 2018
SEC Looks Deeper at Advisors' Share-Class Use, Revenue SharingThe SEC is targeting advisors who didn't make voluntary 12b-1 fee disclosures "but perhaps should have," attorneys say.