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 Releases Arbitrator Diversity Data for the First Time
By Melanie WaddellThe move follows complaints that arb panels were skewed toward white men and a push by the regulator to add African-Americans and women.
September 15, 2017
Botox Doctor Charged in Insider Trading Case: EnforcementMeanwhile, petrochemical giant Braskem agrees to pay investors $10 million for its role in the Petrobras scandal.
September 14, 2017
SEC Continues Crackdown on Mutual Fund Share ClassesSEC is acting against two firms over their use of more expensive Class A shares and 12b-1 fees.
September 12, 2017
FINRA Fines BD Over ‘Death Puts’The ruling comes one month after an SEC judge dismissed similar claims involving one of C.L. Kings hedge fund clients.
September 08, 2017
FINRA Mulls Releasing ‘Bulk’ BrokerCheck DataBulk data on broker-dealers would give view into BDs that employ brokers with a history of FINRA violations, Cook said.
September 07, 2017
State Street to Pay $35M Over Secret Markups, Disclosure Failures: EnforcementIn another action, the SEC charged an investment advisor with stealing more than $1 million to go gambling and pay other expenses.
September 07, 2017
House, Senate Republican Leaders Near ACA Spending FightThe House appropriations bill would de-fund the ACA. The Senate version would keep most ACA funding in place.
September 06, 2017
WFAN Radio Host Craig Carton Arrested in Concert Ticket ScamCarton ran the scam with Joseph Meli, the New York businessman who was charged in another Ponzi scheme involving "Hamilton" tickets, the SEC said.