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 ‘Aggressively’ Seeking BD Feedback on CARDS: Ketchum
By Melanie WaddellCEO Richard Ketchum defended the controversial automated data-collection system as an important investor protection tool but stressed that FINRA wanted to get it right.
May 16, 2014
Don’t Get Smoked by Marijuana-Related Investments, SEC WarnsThe SEC halts trading of yet another purported pot-related firm and warns investors that newly liberalized marijuana laws beckon fraudsters.
May 16, 2014
Selling Stock Without a LicenseAn SEC settlement shows that a lot of people selling securities without a license are probably better at it than the licensed broker-dealers.
May 16, 2014
It Pays to Fight Back Against SEC, FINRA: SurveyNearly half of advisors, BDs and their reps that litigated got off lighter than they would have if they had settled, a Sutherland study found.
May 15, 2014
SEC Enforcement: Advisor Barred for Hiding Astrology-Based Investment StrategyMeanwhile, the SEC charged a California-based securities salesman for selling millions of dollars in oil-and-gas investments without being registered.
May 12, 2014
SEC’s Gallagher: Fiduciary Debate Biased Against BrokersThe debate is not fair right now because there is much more exam data on brokers than on advisors, SEC Commissioner Daniel Gallagher told ThinkAdvisor.
May 08, 2014
SEC Enforcement: Ohio Advisor Hid Shortfall in Client AssetsMeanwhile, the SEC charged a hedge fund advisory firm and its execs with faking earnings.
May 08, 2014
Dale Brown, FSI’s Wrangler in Chief: The 2014 IA 25 ProfileThis is the eighth year that Dale Brown has been on the IA 25 list.