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.
FINRA Bars Broker for Paying His Mortgage With Elderly Client's Money: Enforcement
By Emily ZulzAlso, the SEC charged real estate investment companies with operating a $135 million fraud scheme.
August 22, 2018
SEC's Clayton Says Sales Contests Must Die"Main Street investors have no tolerance for certain questionable sales practices such as high-pressure, product-based sales contests," Clayton said Wednesday.
August 22, 2018
Consumer Groups Lobby SEC to Drop Support of Mandatory ArbitrationPrivate lawsuits are crucial for protecting consumers and resolving disputes without government intervention, the group says.
August 22, 2018
IRS Nixes Anticipated Pass-Through Tax Deduction WorkaroundsIn new regulations, IRS has identified and prohibited several potential strategies for maximizing the Section 199A deduction.
August 21, 2018
SEC Charges Unregistered Brokers in Sales of Bankrupt Woodbridge SecuritiesUnregistered brokers pitched investors via TV, radio ads and at a "conservative retirement and income planning class."
August 21, 2018
Merrill Hit With $8.9M SEC Fine Over Conflicts of InterestMerrill failed to disclose "its own business interests in deciding whether certain products should remain available to investment advisory clients," said SEC's Berger.
August 20, 2018
BD Hit With $5.5M Fine Over Short SalesFINRA says Interactive Brokers "internally identified the problems, yet did not revise its supervisory systems for more than three years."
August 20, 2018
SEC Forces Cities to Reveal Wall Street Loans With Holdings SurgingMunicipal bond issuers will have to disclose bank loans, privately placed debt, loan defaults and changes to financial covenants within 10 business days.