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.
FINRA Hits Firm for $916,000 Over Illegal Short Sales
By Janet LevauxFirst New York is being sanctioned for shorting shares ahead of 14 public offerings.
March 23, 2015
IRS: A wrong PPACA exchange tax form is better than noneExchange plan enrollees should wait until they have 1095-As to file their taxes.
March 20, 2015
SEC, FINRA Enforcement: Firm Fined Over Interfund LoansMeanwhile, FINRA censures and fines Thrivent Investment Management for failing to deliver thousands of trade confirmations of mutual fund transactions.
March 19, 2015
BNY Mellon to Pay $714M for Bilking Forex CustomersBank of New York Mellon will repay $84 million to customers it admitted to defrauding through its "standing instruction" foreign exchange trading program.
March 17, 2015
DOL’s Authority to Define Fiduciary Questioned"Please explain to us how ERISA gives DOL jurisdiction over an individuals relationship with a personal investment advisor, said Rep. Hal Rogers, R-Ky.
March 17, 2015
SEC Chief White Backs Fiduciary Rule for BrokersUniform fiduciary standard should be codified principles-based and rooted in the current fiduciary standard for investment advisors, Chairwoman Mary Jo White said at SIFMA event.
March 17, 2015
SEC will develop fiduciary duty rule for brokers, White saysU.S. SEC Chair Mary Jo White said the agency will develop stricter rules for brokers, wading into a battle between Wall Street and the White House.
March 17, 2015
SEC will develop fiduciary duty rule for brokers, White saysU.S. SEC Chair Mary Jo White said the agency will develop stricter rules for brokers, wading into a battle between Wall Street and the White House.