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.
IRS Extends Tax Deadlines for Those Affected by Hurricane Florence; Other Agencies Reach Out
By Marlene SatterThe SEC also says it is monitoring the situation.
September 14, 2018
SEC Uses Data Analysis to Bust Cherry-Picking Broker: EnforcementAlso, a broker-dealer must pay the SEC a $2.75 million penalty for providing deficient 'blue sheet data.'
September 13, 2018
Priest Bore False Witness to Reap Profits in His Hedge Fund, SEC SaysThe priest, who is also a hedge fund manager, is accused of making false statements to drive down a stock his fund was shorting.
September 13, 2018
SEC's New Customer Relationship Form Confuses Consumers: StudyIndependent testing shows investors may be misled by the SEC's proposed Form CRS, part of its best-interest proposal.
September 12, 2018
FINRA Releases FAQ on New Competency ExamThe exam changes take effect on Oct. 1.
September 11, 2018
SEC Will Reimburse Retail Investors Hurt by Leveraged Oil NoteBroker-dealer Cadaret Grant recommended inappropriate investments, regulators say, and will pay $500,000 penalty plus disgorgement, interest.
September 11, 2018
SEC Takes Action Against Digital Token OfferingMichigan-based TokenLot LLC and its owners allegedly acted as unregistered broker-dealers in selling digital tokens, the SEC said.
September 11, 2018
FINRA Issues Its First Cryptocurrency Disciplinary ActionTimothy Tilton Ayre and HempCoin are in regulator sights for alleged securities fraud and unlawful distribution of a cryptocurrency.