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.
Ex-Morgan Advisor, in Unusual Move, Takes FINRA Arb Case to Federal Court
By Jane Wollman RusoffFew advisors appeal a FINRA promissory-note ruling because the odds of winning are slim; however, Laurie Facsinas case is different from most.
November 23, 2015
The DOL's fiduciary rule: A contrarian viewThe Financial Planning Coalition is urging Congress not to block the DOL fiduciary rule.
November 20, 2015
SEC, FINRA Enforcement: Bob Marley’s Son’s Coffee Company Faces Pump-and-Dump ProbeMeanwhile, Deutsche Bank Securities hit with $1.4M fine for short interest reporting rule violations.
November 20, 2015
IRS, Treasury Continue Tax Inversion CrackdownBut only legislation can decisively stop inversions, Treasury Secretary Jack Lew says.
November 19, 2015
Slim chance to stop DOL fiduciary rule, but brokers must keep fighting: Rep. MulvaneyThe only hope of reversal is tied to the next administration, the House Financial Services Committee member says.
November 19, 2015
Slim chance to stop DOL fiduciary rule, but brokers must keep fighting: Rep. MulvaneyThe only hope of reversal is tied to the next administration, the House Financial Services Committee member says.
November 19, 2015
Aguilar to step down at SEC at year endCommissioner Luis Aguilar has announced plans to step down from his term at the SEC at the end of December.
November 19, 2015
SEC Hits Sands Brothers With $1M Fine for Repeat Violation of Custody RuleThe firm paid a $60,000 fine for custody rule violations five years ago. There's no place for recidivism in the securities markets, the SEC says.