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.
Broker Charged With Defrauding Customers: Enforcement
By Emily ZulzThe SEC also charged a portfolio manager with diverting nearly $2 million to a personal account.
April 26, 2017
Financial Planners Fight Spending Bill Rider That Kills DOL RuleThe Financial Planning Coalition moves against other industry players who are "aggressively advocating" for a rider that would prohibit DOL from implementing the fiduciary rule.
April 25, 2017
Raymond James’ National Event to Highlight DOL Fiduciary, Politics & MarketsThe yearly conference for its independent advisors takes place this week in Orlando.
April 24, 2017
SEC Accepting Comment on Inline XBRL Filing RequirementsIn an effort to improve the quality of data regarding financial firms, the SEC proposed a rule that would require firms to submit financial statements and mutual fund summaries using inline XBRL.
April 21, 2017
SEC Says New York Advisors Falsified AUM to Entice Investors: EnforcementIn other enforcement actions, the SEC charged an oil and gas promoter with misappropriating investor funds.
April 21, 2017
SEC Actions Against BDs Jump 20%: Cornerstone ResearchFirst half of FY 2017 sees increase, as SEC continues to file vast majority of its actions as administrative proceedings rather than civil actions.
April 20, 2017
DOL Fiduciary Rule Hurts Now, Annuity Community SaysBlake Woodard, a life agent, writes in to remind the DOL that Bernie Madoff was a fiduciary.
April 20, 2017
FINRA Senior Helpline Marks Anniversary With $4.3M in ReimbursementsSince helpline launched two years ago, FINRA staff have referred nearly 650 matters to state, federal and foreign regulators.