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 Using 'Best Interest' as a 'Marketing Slogan': Phyllis Borzi
By Jane Wollman RusoffBorzi minces no words about the rule — and tells ThinkAdvisor about a run-in with a very angry broker.
March 15, 2019
Treasury Repeals Nearly 300 Tax Regulations in 'Deadwood' DumpTreasury Secretary Mnuchin said the regs "serve no useful purpose to taxpayers."
March 15, 2019
SEC Halts 'Money Doctor' Radio Host's Ponzi Scheme: EnforcementAlso, Wedbush Securities was fined for failure to supervise a rep who was running a pump-and-dump scheme.
March 14, 2019
SEC Reg BI's Economic Analysis Too Weak, Will Face Legal Challenges: SEC's JacksonIf the analysis "is not up to snuff, you're basically giving the market a call option" to strike down the rule, Jackson said.
March 14, 2019
IRS Relief for Tax Underpayment: Bloink & Byrnes Go Thumb to ThumbBecause of the huge tax law change, the IRS is providing penalty relief to taxpayers who underpaid during 2018--but is it too much?
March 13, 2019
Trade Groups Urge Maryland Lawmakers to Wait for SEC Reg BIFSI has "serious concerns" about the state fiduciary proposal, President and CEO Dale Brown said.
March 13, 2019
SEC Seeks Input on Advisors' Custody of Digital AssetsIssues have been raised about the regulatory status of advisors' custodial trading practices involving certain assets.
March 11, 2019
IRS Change Could Hurt Group Annuity Sales, Expand Rollover MarketNotice 2019-18 will help employers buy back pension participants' benefit streams.