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 Charges Wedbush Over Longtime Broker's Pump-and-Dump Scheme
By Melanie WaddellThe SEC charges that Wedbush failed to supervise the broker and ignored multiple signs of her fraud.
March 27, 2018
FINRA, State Regulators Accused of Letting Sensitive Data Go PublicState regulators made Social Security numbers accessible for years, a whistle-blower says.
March 26, 2018
Advisor on Active Military Duty Fights Morgan Stanley Over Arb CaseLt. Cmdr. Harvey R. Klyce lost a false-inducement case against Morgan Stanley. The SEC is his last hope, he tells ThinkAdvisor.
March 23, 2018
IRS Warns Taxpayers to Report Virtual Currency Transactions'Virtual currency transactions are taxable by law just like transactions in any other property,' the IRS states.
March 23, 2018
Scalia: DOL Fiduciary Rule Will Be ObliteratedAn interview with Eugene Scalia, the former Labor Department solicitor who took on the fiduciary rule.
March 23, 2018
Looking for Leniency From FINRA? Don't Count on MitigationFINRA sanctions are designed to take mitigating circumstances into account, but mitigation arguments often face long odds.
March 23, 2018
FTC Shuts Down Promoters of Deceptive Cryptocurrency Schemes: EnforcementMeanwhile, the SEC charged a broker with repeatedly putting customer assets at risk.
March 21, 2018
Industry Advised to Continue to Comply With DOL Rule Amid Uncertainty After RulingWhile the Trump administration might drop its defense of the fiduciary rule, most experts predict an appeal.