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.
SEC Whacks Citadel for $22M Over Misleading Trade Prices: Enforcement
By Emily ZulzIn 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 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.
January 09, 2017
Proposed DOL fiduciary rule exemption could impact IMOsIMOs may have to meet a capital reserve threshold to become financial institutions under a proposal filed by the Labor Department.
January 09, 2017
Proposed DOL fiduciary rule exemption could impact IMOsIMOs may have to meet a capital reserve threshold to become financial institutions under a proposal filed by the Labor Department.
January 09, 2017
Congress Gets Rolling on Trump Cabinet ConfirmationsWhile the SEC still has two commissioner seats to fill, Democratic Commissioner Kara Stein's term is up in June.
January 06, 2017
DOL’s Perez Makes Plea to Trump as NAFA Appeals Fiduciary DecisionIn an exit memo, Perez said the next administration and Congress must adequately fund DOLs enforcement of the fiduciary and overtime rules.