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 Bars Steven Cohen From Managing Money Until 2018
By Melanie WaddellCohen, the former head of SAC Capital, gets a two-year supervisory bar and increased oversight for failing to supervise a portfolio manager's insider trading.
January 07, 2016
Watchdogs to CMS: Cut subsidies for exchange deadbeatsCMS says the IRS and issuers are in charge of tracking subsidy payments.
January 06, 2016
JPMorgan to pay $4 million to settle SEC case over broker payJP Morgan falsely stated that employee pay was based on clients performance and that no commissions were paid.
January 06, 2016
JPMorgan Securities Misled Customers About Brokers’ Comp: SECThe BD was fined $4 million for letting customers think brokers had "skin in the game," the SEC said.
January 06, 2016
DOL's fiduciary regs may be especially bad for insurance BDsA Cerulli report warns that insurance broker-dealers face the greatest fiduciary risk among all advisor channels.
January 06, 2016
DOL's fiduciary regs may be especially bad for insurance BDsA Cerulli report warns that insurance broker-dealers face the greatest fiduciary risk among all advisor channels.
January 05, 2016
FINRA’s Top Exam Priorities for 2016FINRA CEO Richard Ketchum tells ThinkAdvisor that one of the top priorities for the year is managing brokers' conflicts of interest.
January 04, 2016
Michael Oxley, Co-Author of Sarbanes-Oxley, DiesWhen ThinkAdvisor spoke with Oxley in 2011, he had not yet started lobbying Congress on the SRO issue.