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.
Advisor Gets 7-Year Sentence for $21M Ponzi Scheme: Enforcement
By Emily ZulzIn other enforcement news, SEC charges a Virginia man with insider trading and FINRA fines Credit Suisse.
March 22, 2017
Labor Nominee Vows to Toe Trump Fiduciary LineCriteria set out in Trump order really regulates and determines the Department of Labors approach to the fiduciary rule, R. Alexander Acosta told senators.
March 22, 2017
SEC Shortens Trade Settlement Cycle to 2 Days From 3The T+2 rule is designed to enhance efficiency and reduce risk, the SEC says.
March 22, 2017
Texas judge denies emergency request to block DOL fiduciary rulePlaintiffs failed to satisfy four factors required to obtain an injunction pending appeal.
March 21, 2017
Don’t Lose Money Twice With Binary Options Follow-Up Schemes: FINRAFINRA is aware of instances in which a binary options customer hears from individuals who claim they can help the customer get back lost money.
March 21, 2017
FINRA Seeks Broker-Dealer Comments on Its ProgramsA special notice, part of the FINRA360 initiative, asks for feedback by May 5.
March 21, 2017
Mass. Securities Division Warns of iTunes Gift Card ScamThe alert comes as the IRS warns tax professionals and taxpayers of last-minute phishing email scams.
March 21, 2017
Big SEC Penalties May Be History Under New ChairActing SEC Chair Piwowar's recent decisions and comments regarding penalties suggest a move away from higher and higher penalties against advisors.