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.
‘Full Speed Ahead’ With DOL Fiduciary Compliance Despite Delay
By Melanie WaddellWith the OMB's approval of the Labor Department's 18-month fiduciary rule delay having most assuredly kicked in (approval was anticipated within a week or two at press time in early November), should advisors put the brakes on compliance?
November 24, 2017
SEC Charges Long Island Town, Ex-Official With Defrauding Municipal InvestorsThe official and town hid loan guarantees with a concession stand vendor totaling more than $20 million from investors.
November 21, 2017
SEC Exam Priorities Said to Focus on Cybersecurity, Seniors in 2018The new examination priorities list, usually released in January, would be the roadmap for OCIE activities for the year.
November 21, 2017
FINRA Slams J.P. Morgan Securities Over Background Check FailuresJ.P. Morgan Securities failed to conduct timely or adequate background checks on 95% of non-registered associated persons.
November 20, 2017
Senate Appropriations Bill Gives SEC More Funds for TechJust-released FY2018 funding bill also includes "poison pill" riders related to CFPB's budget.
November 17, 2017
Mortgage Lender Charged With Illegal Securities Offering: EnforcementIn other enforcement actions, a fake EDGAR filer pleads guilty to securities fraud charges.
November 17, 2017
Clayton’s SEC Cracking Down on Individuals Over InstitutionsThis strategy consumes more resources, but the price is worth paying, the agencys two top enforcers say.
November 16, 2017
DOL Unit Prepares Multi-Employer Health Purchasing ProposalThe OMB is putting a draft of the proposal, which has not been released, through a regulatory review.