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.
House Panel Votes for Deep Cut to IRS Budget
By Melanie WaddellThe funding bill includes provisions to stop the IRS from further implementing the individual mandate under the Affordable Care Act; SEC's budget stays flat.
June 18, 2015
Meet the 2015 PPACA tax formsYou might want to snuggle up with 1095-B, 1095-C and the 1094-C.
June 17, 2015
DOL Fiduciary Plan a ‘Big Government Scheme’: House LawmakerDOLs latest fiduciary proposal "will lead to the same harmful consequences as the first and should suffer the same fate," says Rep. Phil Roe, R-Tenn.
June 16, 2015
Judge Intervenes After SEC Creates Wrongful BD ‘Death Spiral’A judge has turned a $19 million SEC case against Panamanian broker-dealer Verdmont into a $240,000 case because of the agency's rush to judgment.
June 16, 2015
House Bill Nixes DOL Fiduciary Rule’s Funding; Perez to TestifyA House Appropriations Committee bill released Tuesday prohibits any of DOLs funds from being used to finalize, advance or enforce its fiduciary rulemaking.
June 16, 2015
SEC: Self-Directed IRA Custodian Ignored Red Flags in 2 SchemesThe Ohio-based IRA provider is accused of ignoring red flags in one scheme targeting churchgoers and another targeting real estate investors.
June 16, 2015
Mike Tyson’s Former Advisor Bilked Athletes at Live Nation-Owned Firm: SECBrian J. Ourand, former president of SFX, wired money to himself from client accounts, SEC says. The firm's CCO was fined for failing to supervise.
June 15, 2015
SEC’s Stein Expects Fiduciary Rule, Sees ‘Cracks’ in Registered FundsSEC Commissioner Stein voiced concern with cracks starting to appear in the Investment Company Act's foundation, particularly regarding bank loans, ETFs and alternative mutual funds.