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.
Senate Banking Votes to Advance Clayton to SEC Chair Post
By Melanie WaddellThe committee voted to send Jay Clayton's nomination to the full Senate.
April 03, 2017
Ex-Enforcement Chief Suggests Priorities of a Jay Clayton SECA telling statistic about the Trump administration from the recent Hispanic Chamber of Commerce's Legislative Summit: 1,200 nominees must be confirmed for each new administration, of which 25 have been confirmed so far.
March 31, 2017
Senate Dems Call for SEC to Investigate Acting Chair PiwowarSens. Elizabeth Warren and Sherrod Brown say Michael Piwowar is overstepping his legal authority by trying to scale back Dodd-Frank rulemaking.
March 30, 2017
SEC Halts Lottery Ticket Boiler Room Scheme: EnforcementAlso, the former TelexFree president was sentenced to six years in federal prison for operating a pyramid scheme.
March 30, 2017
SEC Charges Pastor With Fleecing His FlockLarry Holley allegedly told prospective investors that as a person who prayed for your children, he was more trustworthy than a banker with their money.
March 28, 2017
IRS Issues Excise Tax Relief Related to DOL Fiduciary RuleThe guidance syncs IRS enforcement of excise tax rules on prohibited transactions with DOL's temporary enforcement policy.
March 27, 2017
SEC Bars Broker for Aiding Brothers' Securities FraudThe three repeatedly duped at least four unsophisticated foreign investors into sending funds to various U.S. bank and brokerage accounts," the SEC states.
March 27, 2017
FINRA Chief Cook Welcomes BD, Advisor Regulatory ReviewFINRA "must be willing to consider any changes that will better serve the interests of investors," says CEO Cook.