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.
IRS may have big ACA employer tax woes, advocate says
By Allison BellAn official who serves as a voice for taxpayers says the IRS may be poorly prepared for the coming wave of employer health coverage offer reports.
January 12, 2017
RightCapital Launches Enterprise Tool to Ease DOL Rule ComplianceA leaner, meaner platform than competitors will help midsize firms provide more holistic planning for clients.
January 11, 2017
SEC Whacks Citadel for $22M Over Misleading Trade Prices: EnforcementIn other news, the Port Authority of New York and New Jersey is the first municipal issuer to admit wrongdoing in an SEC enforcement action.
January 11, 2017
DOL Fiduciary Rule Could Be Halted ‘Within Days’ of InaugurationWhile a bill to delay the rule is pending, there are faster routes, U.S. Chamber of Commerce exec David Hirschmann says.
January 10, 2017
Barred Broker Pleads Guilty to SEC Obstruction, May Avoid JailThe former advisor will also pay more than $580,000 in penalties for hiding referral fees from an elderly widow.
January 10, 2017
Trump Must Fire CFPB’s Cordray: Republican SenatorsTwo Republican senators, citing the CFPBs unconstitutional structure, ask President-elect Trump to fire Director Richard Cordray.
January 10, 2017
Advisor Group Cuts Fees, Launches New, DOL-Compliant PlatformIn conjunction with new platform changes, Advisor Group execs will go on a 19-city roadshow to meet with advisors in person.
January 09, 2017
SEC Issues Churning Alert, Then Charges Brokers in SchemeBrokers performed no reasonable diligence on whether their investment strategy could deliver even a minimal profit for their customers.