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 Overstepped Authority in Retroactive Civil Fine Hike: Lawyers
By Melanie WaddellSEC overstepped its authority by embracing a retroactive civil monetary penalty fee hike that could spark lawsuits, securities attorneys warn.
August 30, 2016
SEC Doles Out $22M Whistleblower AwardThe SEC has awarded more than $22 million to a whistleblower whose detailed tip and extensive assistance helped the agency halt a well-hidden fraud.
August 29, 2016
Advisor Put Transit Workers on Risky Investment Path, FINRA SaysRetired bus workers lost some $140,000 due to "unsuitable" investments in energy firms and gold, says a FINRA complaint.
August 29, 2016
When Clients’ Mental Capacity Diminishes: An Advisor’s RoleHere are the signs of dementia and other forms of cognitive decline, and how advisors can help the client and her family while protecting themselves.
August 29, 2016
NAFA: Insurers to ‘have their butts sued off’ under DOL fiduciary ruleNAFA lawyers told a U.S. District judge Thursday that individual insurance agents would be forced to become registered investment advisors under the Department of Labors fiduciary rule.
August 29, 2016
NAFA: Insurers to ‘have their butts sued off’ under DOL fiduciary ruleNAFA lawyers told a U.S. District judge Thursday that individual insurance agents would be forced to become registered investment advisors under the Department of Labors fiduciary rule.
August 26, 2016
FINRA Enforcement: RBC Fined Over Arb AgreementIn another action, Oppenheimer & Co. was censured and fined for inaccurately reporting, or failing to report, short positions.
August 26, 2016
Insurers to ‘Have Their Butts Sued Off’ Under DOL Fiduciary Rule: NAFA LawyerIn the first hearing in a series of lawsuits, NAFA argues the DOL fiduciary rule embodies overreach to do things Congress never intended.