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.
Trump Orders Federal Agencies to Appoint a Reg Reform Officer
By Melanie WaddellEach officer will chair a regulatory reform task force in order to "alleviate unnecessary regulatory burdens," Trump says.
February 24, 2017
Accredited Investor Is an ‘Artificial Distinction’: SEC Acting ChairAt SEC Speaks, acting Chairman Michael Piwowar also zeroed in on how the Dodd-Frank Act burdens the "forgotten investor."
February 24, 2017
SEC Charges Advisor With Stealing $900K From a Client: EnforcementIn other enforcement news, a forex trader is accused of bilking clients and spending some of their cash at McDonald's, Victoria's Secret and Gymboree.
February 23, 2017
SEC Issues Guidance for Robo-Advisors, InvestorsRobos are fiduciaries under the Advisers Act, SEC says.
February 22, 2017
Judge Denies Request to Halt Thrivent DOL Fiduciary CaseThe court agrees with Plaintiff that a stay is not warranted at this time, District Court judge says.
February 22, 2017
Fed Officials See Rate Hike ‘Fairly Soon,’ Minutes ShowFed officials expressed confidence they can raise interest rates gradually, while a hike fairly soon might be appropriate to avoid overheating the economy.
February 22, 2017
BD Must Repay Tribe $3.4M, Pay $750K FINRA FineAn advisor that sold $190 million in nontraded REITs and BDCs has yet to resolve charges with the regulator.
February 22, 2017
SEC Issues No-Action Letter on Advisors’ ‘Imputed Custody’Letter is a significant development that should bring much-needed clarity to advisors, said IAAs Grossman.