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.
Morgan Stanley, Scottrade Fined by FINRA for Failing to Detect Fraudulent Wire Transfers
By Melanie WaddellThe firms were alerted to gaps in their systems but went years without correcting them, FINRA says.
June 18, 2015
NAFA: Congresswoman Ann Wagner will ‘punch a bear’ to halt DOLWagner is mad enough to put up her dukes to punch a bear if it means an end to the DOLs fiduciary rule, she joked.
June 18, 2015
House Panel Votes for Deep Cut to IRS BudgetThe 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
36 BDs to Pay SEC $9M for Muni Bond Underwriting FailuresRaymond James, Merrill Lynch and Goldman Sachs were among the firms fined.
June 18, 2015
Meet the 2015 PPACA tax formsYou might want to snuggle up with 1095-B, 1095-C and the 1094-C.
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.