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 Hits Voya Financial Advisors With $1M Fine Over Cyber Breach
By Melanie WaddellHackers tricked a helpdesk into resetting passwords so they could gain access to customer data, the SEC said.
September 25, 2018
Trump's Deregulatory Push So Far Amounts to 'Inaction': SEC CounselWhile the administration has "halted the growth of regulation that imposes costs," so far few existing regs have been repealed, says Connor Raso.
September 24, 2018
FINRA Files to Update CAB RuleThis is the second rule amendment FINRA has issued to conform with FinCEN's customer due diligence requirements.
September 21, 2018
FINRA Bars Ex-Stifel Rep for Using Elderly Client's Funds for Camp, HOA Fees: EnforcementAlso, SeaWorld will pay a fine for misleading investors about the financial impact of a documentary.
September 20, 2018
House Ways and Means Chair Presses IRS to Update Crypto GuidanceTaxpayers need a better understanding of their obligations when it comes to virtual currencies, Rep. Kevin Brady wrote.
September 19, 2018
SEC Halts $345M Ponzi-Like Scheme That Bilked Pro Athletes, AdvisorsThe scheme involved consumer debt portfolios, the SEC said.
September 19, 2018
Regulators Warn of Hurricane Florence-Related Scams"When a natural disaster strikes, it's not uncommon for scammers to rush in," said FINRA's Walsh, as self-regulator released Investor Alert.