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.
FINRA Zeros In on Bad Brokers, Arb Transparency and New Enforcement
By Melanie WaddellIt's been a little over a year since Robert Cook took the helm as CEO of the Financial Industry Regulatory Authority and launched a top-to-bottom review of the self-regulator via the FINRA360 initiative.
October 02, 2017
Why You Can’t Be ‘Three-Quarters of a Fiduciary’Former SEC Commissioner Luis Aguilars comments reverberate more loudly today, as fiduciary rules at DOL, SEC and CFP Board come into focus.
October 02, 2017
SEC Busts Businessman, Firms in Initial Coin Offering ScamREcoin Group Foundation and DRC World (also known as Diamond Reserve Club) claimed their coins were backed by real estate and diamonds.
October 02, 2017
Individuals’ Personal Info Revealed in SEC EDGAR HackA test filing accessed by third parties contained names, birthdates and Social Security numbers of two individuals.
September 29, 2017
SEC: Barred Broker Bilked Retirees to Fund E-Cigarette BusinessThe broker, formerly of the firm depicted in "The Wolf of Wall Street," also used client funds for trips to the tanning salon, SEC says.
September 29, 2017
SEC Nabs 3 Brokers for Excessive TradingThe SEC also charged an investment advisory firm and its owner with lying about experience and past performance.
September 29, 2017
SEC to Gather Data on Unregistered Advisors, BrokersThird-party advisor exams are not a bad idea, SEC chief Jay Clayton said, but its not front of my mind right now.
September 28, 2017
Lynn Tilton Wins SEC Fraud Trial She Worked Hard to AvoidThe Patriarch Partners founder called the proceeding unfair after the SEC sued her over claims she defrauded investors.