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.
DOL Won’t Delay June 9 Fiduciary Rule Compliance Date: Acosta
By Melanie WaddellDOL has "found no principled legal basis to change the June 9 date while we seek public input," Labor Secretary R. Alexander Acosta said.
May 19, 2017
NAFA Presses DOL to Use Procedures Law to Delay Fiduciary RuleAn Administrative Procedure Act provision allowing delay of a rule during a court challenge seems to be the administration's best hope, the annuity group says.
May 19, 2017
SEC Halts Alleged Fraud by Unregistered Firm: EnforcementThe FTC obtained a court order requiring the owner of precious metals scam to surrender his Florida home.
May 17, 2017
FINRA Watching Falling Number of BDs, CEO Cook SaysAt FINRA annual, Cook talks about FINRA360 and the odds that FINRA will seek to become an advisor SRO.
May 17, 2017
Senate Banking Chair Supports FINRA360, Hopes for Further Fiduciary Rule DelaySenate Banking Committee Chairman Mike Crapo wants to see further delay of Labor's fiduciary rule to let SEC "deal with the issue."
May 17, 2017
FINRA to Issue Exam Trouble Spots ReportFINRA will provide firms with a "new report that will summarize key examination findings from across our programs," said CEO Robert Cook.
May 16, 2017
Former Vanguard CEO Brennan 'Bullish' on DOL Fiduciary RuleJack Brennan, the FINRA chairman, says funds and share classes are evolving to investors' benefit regardless of the fate of the rule.
May 15, 2017
FINRA Seeks Comments on Outside Business Activities, Private SecuritiesFINRA is seeking feedback from member firms on rules governing broker-dealer employees business and securities activities carried out away from their firm.