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.
Senate Dems Call for SEC to Investigate Acting Chair Piwowar
By Melanie WaddellSens. Elizabeth Warren and Sherrod Brown say Michael Piwowar is overstepping his legal authority by trying to scale back Dodd-Frank rulemaking.
March 28, 2017
IRS Issues Excise Tax Relief Related to DOL Fiduciary RuleThe guidance syncs IRS enforcement of excise tax rules on prohibited transactions with DOL's temporary enforcement policy.
March 27, 2017
SEC Bars Broker for Aiding Brothers' Securities FraudThe three repeatedly duped at least four unsophisticated foreign investors into sending funds to various U.S. bank and brokerage accounts," the SEC states.
March 27, 2017
FINRA Chief Cook Welcomes BD, Advisor Regulatory ReviewFINRA "must be willing to consider any changes that will better serve the interests of investors," says CEO Cook.
March 24, 2017
Advisor Gets 7-Year Sentence for $21M Ponzi Scheme: EnforcementIn other enforcement news, SEC charges a Virginia man with insider trading and FINRA fines Credit Suisse.
March 23, 2017
Being a Fiduciary Is More Than Offering the Lowest Cost SolutionSEI's John Frownfelter warns that overly cost-focused advisors are overlooking valuable asset classes and that passive investing may be a bubble about to burst.
March 23, 2017
Dodd-Frank ‘Should Be Looked at,’ SEC Nominee Clayton SaysTrump nominee tells Senate committee he has no specific plans for a Dodd-Frank attack and that mandated rules should go forward.
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.