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.
FINRA’s 12 Fines of Christmas: Wells Fargo, LPL Flub Security of Records
By Janet LevauxThe companies were fined a total of $14.4 million, as some firms failed to keep millions of records in the proper electronic format.
December 20, 2016
Congress Got Schooled Once by a BD Owner; It Should AgainAs the new administration and Congress contemplate regulatory changes, it would be wise to get input from broker-dealer owners like Peter Schiff.
December 20, 2016
Will the DOL Fiduciary Rule Survive?Dr. Craig Lemoine discusses the future of the DOL rule under Trump and the most prudent course of action to take now.
December 20, 2016
Kidney centers causing coverage nightmares, feds sayThe Centers for Medicare & Medicaid Services says the push to put patients in private plans can disrupt transplants.
December 20, 2016
Morgan Stanley to Pay SEC $7.5M Over Trading SchemeMorgan Stanley used trades involving institutional clients cash to lower its borrowing costs, the SEC said.
December 19, 2016
If Trump Wants to Kill DOL Rule, He’d Better Act SoonFor stakeholders against the DOL fiduciary rule who are hoping the Trump administration will intervene, time is running out.
December 19, 2016
Ex-Prosecutor Emerges as Top Trump Pick for SEC ChiefLike Mary Jo White, departing in January, Debra Wong Yang was a federal prosecutor, but Yang has no securities experience.
December 16, 2016
Obama administration revamps group disability claim rulesCompletion of the project may lead to a midnight rules fight with Republicans.