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.
Senators Ask SEC Chief to Mull Further Cyber Rules After EDGAR Hack
By Melanie WaddellClayton plans to testify that he's "deeply concerned" about the breach and to lay out for lawmakers what an SEC fiduciary rule should look like.
September 22, 2017
Businessman Stole Investor Funds for Packers Tickets, SEC Says: EnforcementAlso, FINRA censures and fines Goldman Sachs, State Street and UBS.
September 20, 2017
SEC Chief Clayton Reveals Cyber Breach in EDGAR SystemIn a sweeping statement, agency says it learned in August that the 2016 breach "resulted in access to nonpublic information."
September 20, 2017
Senate Panel to Grill SEC Chair ClaytonTestimony before a House panel in early October is also forthcoming; the hearings come as the agency takes comments on a fiduciary rule.
September 19, 2017
FINRA Releases Arbitrator Diversity Data for the First TimeThe move follows complaints that arb panels were skewed toward white men and a push by the regulator to add African-Americans and women.
September 18, 2017
Veterans Better Off Financially but Struggle With Debt: FINRAThe FINRA foundation says it has done the first comprehensive comparative analysis of the financial health of American veterans relative to non-veterans.
September 15, 2017
DOL Fiduciary Rule Delay All but Certain as Comment Period ClosesAll bets are on Labor forging ahead with the delay, but critics say the delay is merely an excuse to gut the fiduciary rule.
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.