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.
TD Bank to Pay SEC $15M for Aiding Ponzi Schemer
By Melanie WaddellThe SEC on Monday charged TD Bank and a former executive in connection with a massive scheme by Scott Rothstein, who is in prison.
September 19, 2013
FINRA Broker Bonus Plan Would Be ‘Nonevent’ for Many Reps: HenschenThe regulator raised the threshold for the disclosure requirement, which BD recruiter Jon Henschen called a "positive" move.
September 19, 2013
SEC Enforcement: 23 Firms Nailed in Short Selling CrackdownThe SEC brought charges against 23 firms for short selling prior to stock offerings and against a fake advisor for bilking clients.
September 19, 2013
JPMorgan to Pay $920 Million Penalty for London Whale LossesJPMorgan Chase has agreed to pay $920 million to settle charges brought in a coordinated global settlement.
September 18, 2013
US Federal Reserve decides not to taper stimulusThe economy just is not where it needs to be for the Fed to stop buying bonds.
September 18, 2013
Giachetti to Junxure Users: Show, Don’t Tell, SEC Examiners You’re CompliantThe SEC is asking smart questions in exams, the securities lawyer warns, with major changes even since 2011. His advice on how to stay compliant.
September 18, 2013
SEC Passes Long-Awaited Muni Advisor RuleMunicipal advisors, previously unregulated, will now be overseen by both the SEC and MSRB.
September 17, 2013
NY DFS reopens probe into AIGDFS examiners are taking another look at the risk management practices that led to AIGs emergency takeover in 2008.