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.
BofA Said to Face SEC Probe Over Customer Protection Rules
By Steven CrabillBank of America is being investigated by the SEC over whether it broke rules designed to safeguard customer accounts, according to the Wall Street Journal.
April 24, 2015
DOL not budging on fiduciary rule comment periodLabor Secretary Thomas Perez says that the current timeline, including a hearing and another chance to comment, is "a long time."
April 24, 2015
DOL not budging on fiduciary rule comment periodLabor Secretary Thomas Perez says that the current timeline, including a hearing and another chance to comment, is "a long time."
April 24, 2015
Paulson gets more time from IRS for reinsurance tax savingsHedge fund managers including billionaire John Paulson wont immediately face new limits on their use of insurance in offshore tax havens.
April 24, 2015
Paulson gets more time from IRS for reinsurance tax savingsHedge fund managers including billionaire John Paulson wont immediately face new limits on their use of insurance in offshore tax havens.
April 24, 2015
SEC Gives Compliance Officer $1M Whistleblower AwardThe whistleblower is set to receive between $1.4 million and $1.6 million for reporting "imminent misconduct."
April 24, 2015
Enforcement: Deutsche Bank to Pay $2.4B Over LIBOR ManipulationMeanwhile, RBC will pay $1.4 million to FINRA for failing to follow its own guidelines, resulting in unsuitable sales.
April 23, 2015
IRS may turn in PPACA fraud plan a year lateAn implementation team is still developing a strategy to guide systems development.