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.
Advisors Must Act in Customers' Best Interest: DOL Secretary
By Allison BellAlex Acosta said EBSA will go after retirement advisors in material breach of the standards.
November 15, 2017
CFPB Director Richard Cordray Will Step Down Before End of NovemberCordrays exit opens the door for President Trump to install a more industry-friendly leader.
November 14, 2017
Groups Urge SEC to Update Broker Electronic Retention RuleWORM storage is not an effective business continuity or cybersecurity defense tool, trade groups warn the securities regulator.
November 14, 2017
SEC Penalties Fall in Trump’s First Year: StudyIn its latest fiscal year, Wall Streets top regulator sought the smallest amount of penalties since 2013.
November 14, 2017
SEC Finds Widespread Compliance Failures Among Municipal AdvisorsA risk alert details frequently observed deficiencies in the areas of registration, books and records, and supervision.
November 14, 2017
House Passes Bill Requiring Safeguards on Trading DataThe CAT system, which tracks market activity, was scheduled to launch soon but exchanges are reportedly seeking a delay.
November 13, 2017
SEC’s Top 3 Enforcement PrioritiesStephanie Avakian, co-director of enforcement, said the agency is trying to be more strategic, expanding the use of digital analytics in investigations.
November 09, 2017
FINRA Bars Broker Who Ripped Off Blind, Elderly WidowHank Mark Werner received commissions for recommending that a client purchase an unsuitable variable annuity.