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.
Advisors to Return $125M in 12b-1 Fees Under SEC Share Class Initiative
By Melanie WaddellMore than 70 advisors self-reported that they improperly sold clients mutual fund shares with 12b-1 fees.
March 07, 2019
Advisor Exam Rate Likely to Drop in 2019: SECOCIE Deputy Director Dan Kahl told advisors Thursday to "take a look at your Reg SP" policies and procedures.
March 07, 2019
IRS Warns Taxpayers, Pros to Beware of Identity TheftThe IRS has made inroads against this scam in recent years, it says, but new cons keep proliferating.
March 06, 2019
FINRA Releases FAQ on 529 Plan Share Class Initiative, Extends Compliance DeadlinesThe regulator wants to allow firms sufficient time to consider the new guidance on its self-reporting program.
March 06, 2019
Rep. Waters Comments on SEC's Regulation Best InterestShe discussed the proposal at a briefing on the Consumers First Act, a bill to "reverse damage" to the CFPB.
March 05, 2019
Spurned Lawmakers Press IRS Again on Form 1040 Usability DataRep. Richard Neal wants to know why a usability survey was removed from the IRS website.
March 05, 2019
FINRA Fines Cantor Fitzgerald $2M Over Reg SHO Violations"Firms' compliance with Regulation SHO is a continued focus for FINRA," said enforcement chief Susan Schroeder.
March 04, 2019
FINRA's Top Fine Categories in 2018It appears FINRA is "coming down harder" when it decides to bring a case, a lawyer says.