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.
Western Asset to Pay $100M in SEC Settlement Over Leech Trades
By Silla Brush and Ava Benny-MorrisonThe settlement resolves an investigation related to trading practices of the firm's onetime star manager Ken Leech.
June 04, 2026
Rep in Hot Water Over Annuity Rider, Reverse Mortgage RecommendationsClayton K. Shum also engaged in undisclosed outside business activities and disclosed clients' personal information, FINRA states.
June 04, 2026
Supreme Court Bolsters SEC's Power to Recoup Illegal GainsThe justices ruled unanimously Thursday that the regulator doesn't have to show investor harm to win disgorgement.
June 04, 2026
What the BD Industry Looks Like Now, in 6 ChartsThe number of reps rose for the fourth straight year as the number of firms continued to fall.
June 03, 2026
Will Your Client Get That Tax Break? This Number Is the KeyUnlike most working clients, retirees have some control over their taxable income if they've planned properly.
June 03, 2026
Number of RIAs Sets New Record: ReportWhile the number of RIAs grew in 2025, the regulatory environment is shifting under the SEC.
June 02, 2026
SEC Adds 4 Members to Investor Advisory CommitteeThe newcomers include Sheldon Ray, a former senior vice president at Raymond James & Associates.
June 02, 2026
Mariner Reports Data Breach Affecting Nearly 9,000A criminal third party downloaded private data, the wealth advisory firm told clients.