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 to Release FAQ on Share Class Selection Disclosure Initiative
By Melanie Waddell"We have received a number of questions" about the voluntary program, said Stephanie Avakian, co-director of the SEC's enforcement division.
April 11, 2018
SEC to Take Up Fiduciary Proposal on April 18The agency plans to consider a 'rule to establish a standard of conduct for broker-dealers,' according to a meeting notice.
April 11, 2018
FINRA Hires New Exam Chief From SchwabBari Havlik replaces Susan Axelrod, who's headed to Merrill.
April 10, 2018
New Stradley Ronon Group to Help Advisors Navigate Fiduciary RulesThe group, staffed with ex-SEC officials, will help advisors and BDs comply with 'multiple and conflicting' fiduciary standards.
April 10, 2018
SEC Halts Multimillion-Dollar Ponzi Scheme Targeting SeniorsThe perpetrators used some of the funds for country club memberships, travel and entertainment.
April 09, 2018
IRS Reminds of Filing Deadlines for Foreign AssetsReports for foreign accounts have the same filing deadline as a federal income tax return.
April 06, 2018
SEC Slams PNC, Securities America, Geneos With $15M Fine Over Share Class ViolationsThe three firms put clients into higher-cost mutual fund shares with 12b-1 fees.
April 06, 2018
'Hamilton' Ticket Ponzi Schemer Sentenced to 6 Years in Prison: EnforcementIn another enforcement action, an ex-Philadelphia Eagle was ordered to pay $8 million for defrauding investors including his former coaches.