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 4 for Manipulating Marijuana Company Stocks
By Melanie WaddellThe SEC Tuesday charged four promoters for manipulating the securities of several microcap companies, including marijuana-related stocks.
August 04, 2014
Phoenix Companies settles with SEC on timetables filingsThe amended administrative order settles the SEC's administrative proceedings against Phoenix and and PHL Variable.
August 04, 2014
Firm Fined $70M for Stock, Note FraudA holding company, a brokerage firm and their CEO were fined for misrepresenting notes and stock they sold to unsophisticated investors.
August 01, 2014
FINRA Move on Brokers' Expungement a Good First StepOver the past five years, state securities regulators have used the CRD and IARD public records to weed out more than 20,000 bad actors.
August 01, 2014
SEC Enforcement: Smith & Wesson Fined $2 Million for BriberyIn more actions, a judge ordered Bank of America to pay $1.27 billion for a mortgage "hustle."
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.