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.
Before DOL Fiduciary Rule Change, Time to Act on Fees Is Now
By Bill GoodIf you're not fee-based, here's your action plan before DOL's rule takes hold, according to marketing expert Bill Good.
December 28, 2015
DOL Fiduciary Survives Omnibus ThreatYear-end spending bill did not include riders to stop DOL fiduciary rule, but Rep. Ann Wagner vows to defeat the rule in the new year.
December 28, 2015
Advisors, Own Your ComplianceIt has become increasingly more apparent that the SEC's position is that a firm must show it owns its compliance program.
December 23, 2015
SEC Charges Las Vegas Advisor in Pump-and-Dump SchemeDonald Toomer Jr. bought microcap stocks in client accounts in exchange for kickbacks, the SEC says.
December 23, 2015
Merrill Paid $4M in Settlements Tied to Barred BrokerA 34-year industry veteran, Thomas Buck led a team including his two daughters, one of whom is also an Indianapolis Colts cheerleader.
December 23, 2015
Advisor of Many Aliases Charged by SEC With Fraud (Again)Edward Durante used the 10-year prison term he was serving for fraud to hatch another scheme, the SEC says.
December 23, 2015
New Year Brings Regulatory Roulette for Advisors, BDsNew rules and new faces add to the uncertainty of which new compliance challenges will take hold in 2016.
December 22, 2015
Morgan Stanley to Pay $8.8M to Settle SEC Charges in ‘Parking’ SchemeA former Morgan Stanley portfolio manager engaged in prearranged trades that benefited some clients while harming others, the SEC says.