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.
Watchdog Group Sues DOL Over Fiduciary Rule Documents
By Melanie WaddellThe group, American Oversight, is suing Labor for not responding to its FOIA request to release relevant documents about its fiduciary rule.
October 23, 2017
Treasury Department Hits Plaintiffs Lawyers Over CFPB’s Arb RuleThe Trump administration on Monday said the regulation would only put money in the pockets of plaintiffs lawyers.
October 23, 2017
PIABA Names a New PresidentProtecting DOL fiduciary rule and setting up an unpaid arb award pool for investors are among Andrew Stoltmann's priorities during his one-year term.
October 22, 2017
5 Ways to Qualify for Abatement of IRS PenaltiesHere's more of the background knowledge you need to talk to tax professionals.
October 20, 2017
FINRA Ready to Provide ‘Technical’ Aid on Fiduciary Rule, Legal Chief SaysFINRA has a "good working relationship" with Labor and SEC and is ready to help with coordinating a rule, Chief Legal Officer Robert Colby says.
October 20, 2017
Advisor Charged With Stealing $9M From Elderly Woman’s Foundation: EnforcementMeanwhile, a Massachusetts advisor is accused of steering clients into funds in which he had an interest.
October 19, 2017
Thrivent, DOL Anti-Arb Fiduciary Tussle ContinuesLabor argues that there's no need for relief from the anti-arbitration provision because the rule will likely be delayed anyway.
October 19, 2017
7 Things to Know About IRS Private Letter RulingsSome clients have cases that defy off-the-shelf solutions.