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.
Ex- Broker Settles SEC Fraud, Reg BI Charges for $2M
By Melanie WaddellChristopher Booth Kennedy has agreed to pay more than $2 million to settle the charges.
December 10, 2024
Number of CFP Exam-Takers Sets New HighThe pass rate for the November exam was 62% with the second-largest number of people taking it.
December 09, 2024
Morgan Stanley to Pay $15M Over Advisors Who Stole Millions From Clients: SECThe firm failed to monitor reps' wire and externally initiated ACH transfers, the SEC said.
December 06, 2024
Trump's SEC Pick Criticized Bank Regulators' Efforts to Expand ScopePaul Atkins told them to stop trying to oversee solvency at life and annuity issuers and asset managers.
December 05, 2024
TD Suspends Growth Guidance in Wake of Historic SettlementAsked if the bank would consider U.S. divestitures, its CEO said “everything is on the table.”
December 04, 2024
Crypto in 401(k)s Is Risky, Lacks Oversight: GAOSome retirement plans offer the option to invest in these assets, but Labor lacks data to measure it.
December 04, 2024
Trump Picks Paul Atkins to Head SECAtkins, CEO of Patomak Global Partners in Washington, is a former SEC commissioner.
December 04, 2024
Dissecting a GOP Senator's Misleading Social Security AttackWhile it’s fair to criticize the program’s shortcomings, stretching the truth doesn’t benefit anyone.