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.
‘Greater Clarity’ Needed on SEC, DOL Fiduciary Rules: Clayton
By Melanie WaddellWere in a position where we could have different standards for the individual investor that doesnt seem right, the SEC chief said.
July 24, 2017
White House Sends Peirce SEC Nomination to SenateIf confirmed, Mercatus fellow Hester Peirce would be the second Republican member of the Commission.
July 22, 2017
Wells Fargo Shares Private Info on 50,000 Clients and Advisors: ReportThe data release includes clients' portfolio and asset information, as well as FA compensation and client lists, according to The New York Times.
July 21, 2017
FINRA Advances Crackdown on Bad BrokersFINRA also wants the SEC to allow the SRO to expand its pool of non-arbitrators.
July 21, 2017
Cetera Firms to Pay $2.5M in Restitution; SEC Bars Lawyer: EnforcementAccording to FINRA, two Cetera firms disadvantaged certain customers by causing them to pay higher fees than required.
July 20, 2017
New DOL Rule Changes the Way Annuity Salespeople Do BusinessFeeling lost when you try to read fiduciary rule articles? Here's a look at the basics.
July 17, 2017
FINRA Fines Edward Jones for Supervisory FailuresThe broker-dealer issued some 52 million client reports without required supervision, the regulator says.
July 14, 2017
CMS’ Health Premium Tax Credit Verification Programs Get Failing Grade From IRSCMS can check the accuracy of payments to issuers, and that's about it, officials say.