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.
Citigroup to Pay $15M FINRA Fine Over Research Leaks
By Melanie WaddellAnalysts' violations included illicitly helping issuers prep for road shows and hosting "idea dinners" discussing stock picks with certain clients.
November 20, 2014
Millionaires Do Not Need Protection: SEC’s GallagherSEC chairwoman insists accredited investor definition will be reviewed; Commissioner Gallagher says millionaires can fend for themselves.
November 20, 2014
Bank of America Granted Penalty Relief After SEC CompromiseThe SEC has resolved an impasse over punishing Bank of America in a mortgage case, clearing the way for a $16.7 billion global settlement.
November 20, 2014
Goldman Fires Bankers After Getting Confidential Fed InfoGoldman Sachs fired two bankers after one of them allegedly shared confidential documents from the Federal Reserve Bank of New York within the firm.
November 20, 2014
What brokers must know about Form 1095-CIt seems to be coming and "large employers" may have to start collecting the data in January.
November 20, 2014
SEC Fines Wedbush $2.4M in Market Access Case; FINRA Complaint on DeckLos Angeles-based Wedbush Securities and two top officials agreed to settle a pending SEC case for market access violations.
November 19, 2014
Ex-Schwab Rep Barred for Stealing, Reselling $1M in Office EquipmentThe former broker faces other charges tied to drug dealing and illegal use of a communications device in Florida, FINRA says.
November 18, 2014
Fiduciary Rule Among SEC’s 2015 PrioritiesThe SEC plans to evaluate staffers' recommendation to consider a uniform fiduciary standard, among other Dodd-Frank related matters.