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.
The DOL fiduciary rule: What is fiduciary investment advice?
By Marcia WagnerExcerpts from Marcia Wagner's new book, "The Advisors Guide to the DOL Fiduciary Rule," published by The National Underwriter Company.
August 05, 2016
FINRA Sweeps Broker-Dealers for Info on Nontraded BDCsThe exam sweep covers all member firms and advisors selling the companies between January 2015 and June 2016.
August 05, 2016
Ex-Wells Fargo Rep Must Pay Firm $1.2MFINRA says advisor Robert Loftus must cover promissory notes, interest and legal costs.
August 05, 2016
5 Common Boiler Room Scams to AvoidFINRA has received numerous complaints, particularly from seniors, of high-pressure phone sales calls urging them to buy speculative investments.
August 05, 2016
IRS Allows Mortgage Interest Deduction for Unmarried CouplesThe decision could have far-reaching implications for many single taxpayers who co-own qualifying residences.
August 05, 2016
SEC Charges Cardiologist in Biotech Drug Trial With Insider TradingDr. Edward Kosinski, the lead investigator in a heart drug trial, shorted the biotech firm's stock before bad news became public, the SEC said.
August 05, 2016
FINRA Enforcement: Barclays Fined $1.3 Million on OATS FailuresMeanwhile, BD Purshe Kaplan Sterling was fined for failing to supervise reps' outside business activities.
August 04, 2016
Berkshire Said to Draw Fed Scrutiny Over Wells Fargo InvestmentAgencies weigh whether insider-credit limits exceeded at bank; Buffetts 10% stake in Wells Fargo triggers more rules.