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 Proposes Long-Awaited Variable Annuity Summary Prospectus
By Melanie WaddellThe plan would allow these contracts to use a summary prospectus to provide disclosures to investors.
October 29, 2018
4 Reasons the Advisor Compliance Landscape Is So ComplexFormer SEC official John Walsh talks about uncertainties around fee compression, 12b-1 fees and the broker protocol at Schwab Impact.
October 26, 2018
DOL, SEC Flexing Enforcement Muscle Under TrumpThe two regulators are leveraging enforcement initiatives at a historic level of tenacity.
October 26, 2018
Wall Street Giants Fight Over Who Helps Small Investors MostFirst discussion from SEC roundtable brings fireworks from both sides.
October 26, 2018
FINRA Expands Wells Notice Against Ex-Morgan Stanley Advisor Ami Forte: EnforcementAlso, a former State Street Corp. executive was sentenced to prison for defrauding customers.
October 26, 2018
Advisors Force Wells Fargo Into FINRA Arbitration Over Loss of BusinessThey face steep odds against the wirehouse, but if they succeed, the floodgates could open.
October 25, 2018
FINRA Files to Add New Restrictions on Departing EmployeesThe broker-dealer self-regulator's proposed rule change is meant "to deal with revolving door concerns," says Eversheds Sutherland's Rubin.
October 25, 2018
SEC Guidance on Cyber Disclosures Falls Short: SteinIn a recent speech, Stein also debunked the popular notion that public companies are "overloading" investors with information.