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.
Ex-NBA Star Tim Duncan’s Former Advisor Sentenced to Prison
By Janet LevauxCharles Banks also must pay retired San Antonio Spurs forward millions in restitution.
June 26, 2017
Summer Tax Scams in Full Swing, IRS WarnsTax pros are also being warned of phishing emails seeking extensive amounts of sensitive preparer data.
June 26, 2017
Advisor Gets 2 Years in Prison for Cherry-Picking SchemeSEC 10b-5 charges to allow for criminal prosecution appear to have influenced the decision.
June 23, 2017
SEC Candidate Favors New Life Regulatory StrategyHester Peirce has suggested that a single-state approach might beat the current multi-state strategy.
June 23, 2017
SEC Charges Immigration Attorney With Defrauding EB-5 Investors: EnforcementIn other actions, a court orders insider trading defendant Believe Lin to pay nearly $7.3 million after finding him in contempt.
June 22, 2017
SEC to Help Investors With Background Checks; Clayton Eying Choice Act ProgressA Choice Act provision giving new rights to defendants in SEC actions is expected to be popular.
June 22, 2017
Wall Street’s Trade Group Chides FINRA for Regulation by EnforcementSIFMA also criticizes FINRA for not gathering enough cost-benefit data, "resulting in unworkable or unnecessarily costly rules."
June 21, 2017
3 Reasons DOL Fiduciary Rule Will Stay Intact: ERISA Attorney WagnerMarcia Wagner says the administrations focus on the fiduciary rule shows how important the private pension system is to our safety net of this country.