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.
DOL, SEC Enforcement: DOL Wins Settlement for Whistleblowers
By Marlene Y. SatterMeanwhile, the SEC charged a former investment bank analyst who worked in JPMorgans San Francisco office with insider trading.
August 25, 2015
CBO cuts PPACA exchange subsidy spending estimateThe current-year projection is about 10 percent lower.
August 25, 2015
SEC Finds Shady Practices in BDs' Structured Product SalesExaminers found suitability violations including heavy sales to customers who were elderly, didn't speak English or had a conservative investment objective.
August 24, 2015
Schwab Hit With $2M FINRA Fine Over Net Capital DeficienciesOn three occasions in 2014, Schwab was short on net capital by as much as $775 million.
August 21, 2015
FINRA Enforcement: Sterne Agee Fined Over Lost LaptopMeanwhile, Capital Guardian was fined for failing to detect suspicious transactions involving Venezuelan bonds.
August 21, 2015
Arthur Levitt: SEC Deadlocked on Fiduciary, Advisors Need DOL RuleAs the Investment Advisers Act turns 75, ex-SEC Chairman Arthur Levitt, CFAs Barbara Roper and more discuss why the industry needs a strong fiduciary standard.
August 20, 2015
IRS tantalizes 8965 PPACA form watchersThe agency revealed, and then hid, a draft with revised instructions.
August 20, 2015
Citigroup in Hot Water Again With SEC, NY Attorney GeneralCitigroup Global Markets must pay the SEC a $15 million penalty for failing to supervise trades and repay New York customers for investment fee overcharges.