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.
Merrill Exec Gets ‘Cease and Desist’ in Biggest Customer Protection Case Ever
By Janet LevauxThe SEC found the executive negligent; Merrill was fined $415 million over leveraged conversion trades involving investors cash.
August 31, 2017
SEC Assembles Team to Craft Fiduciary RuleThe SEC has assembled the team of officials who will be instrumental in coordinating a fiduciary rulemaking with the DOL.
August 31, 2017
International Regulatory Shift Could Tame Cryptocurrency MarketOn the heels of recent actions by Canadian regulators and the SEC, more countries are regulating digital currency as securities.
August 31, 2017
DOL Suspends Class-Action Rule EnforcementOfficials say in Field Assistance Bulletin 2017-03 that the IRS will also suspend enforcement.
August 30, 2017
How to Spot a Harvey ScamScammers prey on the good will of people concerned about those affected by Hurricane Harvey. Meanwhile, industry organizations are helping people affected by the storm.
August 30, 2017
DOL Set for 15-Day Comment Period on Fiduciary Rule DelayLabor also said it planned to propose a new, streamlined exemption and sent another signal that the class action requirement would be removed from BICE.
August 29, 2017
When Are We Going to Get There?Google the phrase, When are we going to get there? and the message in Jason Zweigs weekend column stares you in the face.
August 28, 2017
What's Required Under DOL's Best-Interest Contract ExemptionIn my last column, I began to address the DOL post-transition period. In this column, I will further address the post-transition period, specifically, the best-interest contract.