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.
SEC Charges Wedbush Securities With Violating Market Access Rule
By Melanie WaddellWedbush provided market access to overseas traders without preapproval and without ensuring that they complied with U.S. law," says SECs Ceresney.
June 04, 2014
FINRA Fines Barclays, Merrill, Goldman Over Inaccurate ‘Blue Sheet’ DataFINRA fined the banks $1 million each for failing to provide complete and accurate information about trades performed by the firms and their customers.
June 03, 2014
SEC Fines Bitcoin Entrepreneur for Selling Unregistered SharesThe SEC fined the co-owner of two bitcoin-related websites for publicly offering shares in the two ventures without registering them.
June 02, 2014
FINRA makes dark pool data public to help boost transparencyFINRAs commitment to transparency is bringing light to what was previously a dark area of the equity markets.
June 02, 2014
FINRA Provides Free ‘Dark Pool’ Data to InvestorsThe public will now be able to see the total shares traded each week by security in each dark pool outside traditional exchanges, FINRA says.
May 29, 2014
FINRA Bars Ex-Wells Fargo RepMichael Frew may have set up a Ponzi scheme involving 30 investors and a man named Guido.
May 29, 2014
SEC Enforcement: Fund Manager Bilked Clients to Fund Kids’ Clothing Stores, TavernIn other SEC actions, a judge barred an investment manager for placing false ads in magazines and newsletters.
May 29, 2014
FINRA Warns on Fake High-Interest CDsFINRA investor alert provides list of red flags that indicate a fraudulent CD offer.