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.
The SEC ‘Hasn't Been Doing Its Job for a Long Time’: Brian Hamburger
By James J. GreenIn a wide-ranging session at the Envestnet Advisor Summit in Chicago in early May, MarketCounsel's Brian Hamburger argued that one of the main regulatory and compliance issues facing advisors is the regulators themselves.
June 01, 2015
SEC Hits Merrill for $11 Million Over Faulty Short-Sale OrdersTwo Merrill entities admitted to using inaccurate, old data when executing short-sale orders for customers.
June 01, 2015
FINRA BrokerCheck Ad Campaign Supported by Huge Fine VolumeFINRA's $3.5 million campaign compares hiring a broker without checking BrokerCheck to other "leap-before-you-look" mistakes.
May 29, 2015
SEC, FINRA Enforcement: Compliance Director Charged With Bilking ClientsThe SEC also charged a New York securities lawyer with running pump-and-dump schemes out of his office.
May 29, 2015
FINRA Floats ‘Watered Down’ BrokerCheck, Broker Bonus RulesThe new broker bonus plan runs counter to the current industry debate over a common fiduciary standard, which brokerage firms largely favor, lawyer Patrick Burns says.
May 28, 2015
SEC’s Former IM Director Returns to Help Craft Fiduciary RuleAndrew "Buddy" Donohue's "deep knowledge of asset management will be especially useful" as the SEC considers a uniform fiduciary standard, said Chairwoman Mary Jo White.
May 28, 2015
IRS posts Form 1094-B draftInsurers are supposed to use the form to submit health coverage information returns.
May 28, 2015
IRS posts Form 1094-B draftInsurers are supposed to use the form to submit health coverage information returns.