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.
Trump Wants SEC to Study Ending Quarterly Earnings
By Benjamin Bain, Terrence Dopp and Justin SinkThe CEO who urged the president to look into 6-month reporting is PepsiCo's Indra Nooyi.
August 15, 2018
SEC Hits Ameriprise Over Theft by RepsAccording to the SEC, five Ameriprise reps stole more than $1 million in retail client funds.
August 14, 2018
SEC Charges 18 People in Bond Flipping, Kickback SchemeThe SEC alleges that "the flippers prevented true retail investors from receiving priority in municipal bond offerings."
August 14, 2018
SEC Charges Perpetrator of ICO Offering With FraudThe agency also issued a Investor Alert to encourage investors to check the background of anyone selling them an investment.
August 14, 2018
SEC Reg BI Must Include Rollovers: MorningstarThe final Reg BI "should specifically identify broker/dealers' responsibilities when recommending a rollover," said Morningstar policy director Szapiro.
August 09, 2018
SEC Charges Ex-UBS Broker With Bilking 15 Clients: EnforcementThe broker knew much of the money was earmarked for clients' retirement and college expenses, the SEC said.
August 09, 2018
SEC Reg BI vs. Suitability: Here's the Difference, According to FINRA's CookSEC's advice proposals extend in "certain significant areas" the requirements for broker-dealers, Cook told senators.
August 09, 2018
Number of BDs, Reps Drops for Second Straight Year, New FINRA Report SaysSmall BDs "struggle with keeping up with burdensome FINRA requirements," recruiter Jon Henschen said.