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.
Advisors, Own Your Compliance
By Thomas D. GiachettiIt has become increasingly more apparent that the SEC's position is that a firm must show it owns its compliance program.
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.
December 21, 2015
FINRA Hits Cantor With $7.3M Sanction Over Microcap SalesThe regulator also suspends and fines both an executive and a trader for their behavior.
December 21, 2015
DOL Fiduciary Rule a ‘Wild Card’ for Annuity IndustryWhile annuity providers are bracing for potential repercussions of the rule next year, sales of income-oriented annuities are expected to surge as rates rise.
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 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.