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 Hits Cantor With $7.3M Sanction Over Microcap Sales
By Janet LevauxThe regulator also suspends and fines both an executive and a trader for their behavior.
December 21, 2015
Proposed DOL annuities revisions could mean big changes for advisorsAdvisors selling annuities must become familiar with the proposed revisions to ensure that their sales practices comply with the rules.
December 18, 2015
FINRA Fines Fidelity Over Fake Broker Who Scammed SeniorsFidelity failed to stop a woman posing as a Fidelity broker from stealing more than $1 million from nine customers, FINRA says.
December 18, 2015
SEC Enforcement: Soccer Club Charged in Boiler Room ScamMeanwhile, the SEC barred hedge fund advisor Owen Li for false statements to investors and for causing a funds collapse.
December 17, 2015
SEC Charges Turing CEO Martin Shkreli With Fraud, ‘Widespread Misconduct’SEC charged Shkreli with improperly taking money to pay off disgruntled investors in his hedge funds.
December 17, 2015
IRS posts final PPACA affordability regulationsThe rules could have a big effect on wellness programs and cafeteria plans.
December 17, 2015
SEC Allows Third Avenue to Temporarily Halt RedemptionsThe firm canceled a controversial plan to freeze shareholder assets for a year or more.
December 17, 2015
DOL fiduciary rule survives omnibus billMissing from the more than 1,000-page bill was a rider that would defund Labors ability to implement a new rule.