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.
Firm Fined $70M for Stock, Note Fraud
By Melanie WaddellA holding company, a brokerage firm and their CEO were fined for misrepresenting notes and stock they sold to unsophisticated investors.
August 01, 2014
FINRA’s 5 Biggest Fine Categories in First Half of 2014Fines imposed by FINRA in 2014 are poised to far outpace last years, says a new analysis by the law firm Sutherland.
August 01, 2014
SEC Busts 2 for Bilking Terminally Ill, Blind SeniorsThe SEC fined one broker for his role in an annuity scam involving the terminally ill and another for stealing from blind and elderly clients.
July 31, 2014
GAO urges stricter regulation of managed accountsImprovements can be made to better protect participants in managed accounts, the GAO says.
July 31, 2014
GAO urges stricter regulation of managed accountsImprovements can be made to better protect participants in managed accounts, the GAO says.
July 28, 2014
10 Ways Regulators Can Improve Dodd-FrankSince its inception in 2012, the Bipartisan Policy Center's financial regulatory reform initiative has proposed 100 recommendations to improve Dodd-Frank. Here are 10 recommendations BPC released in mid-July.
July 28, 2014
SEC Issues Mutual Fund Prospectus Guide, Delays Annuity Summary PlanThe Securities and Exchange Commission recently released mutual fund guidance that advises registrants to reduce the length of the summary disclosure to three to four pages and to use plain English to explain disclosures.
July 28, 2014
Dodd-Frank: Four Years LaterAs the fourth anniversary of the Dodd-Frank Act's passage into law hit in late July, regulators and lawmakers aired their opinions about how the financial reform law is workingor not.