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.
Morgan Stanley to Pay $1M Over Lack of Risk Controls
By Melanie WaddellThe firm failed to set up controls designed to prevent the entry of erroneous orders, FINRA says.
November 04, 2024
Robo-Advisor's Pro Athlete Ads Broke Marketing Rule, SEC SaysAds featuring a pro soccer player and MMA fighters who were not clients lacked disclosures, the SEC says.
November 04, 2024
5 Steps to Prepare for Post-Election Tax ChangesAdvisors taking a proactive stance can help clients in working toward protecting their wealth amid political uncertainty.
November 01, 2024
Race for Private-Credit ETFs to Face SEC ScrutinyA planned State Street-Apollo ETF will have to comply with a rule that caps illiquid investments in a fund's net assets at 15%.
November 01, 2024
JPMorgan Pays $151M to Settle Slate of SEC ComplaintsOne issue involved a Reg BI violation for steering clients into pricey mutual fund investments despite cheaper alternatives.
October 31, 2024
Rep Churned Senior Business Owner's Account, Violated Reg BI: FINRAJesse Krapf recommended in-and-out trading that was excessive and unsuitable, according to the regulator.
October 31, 2024
BofA Says Regulators May Take Action Over Money Laundering, ZelleU.S. regulatory agencies have been digging into consumer complaints about how banks handle reported abuses of the Zelle network.
October 31, 2024
Kentucky Advisor Fined Over Bourbon-Tasting BusinessThe advisor didn't get written approval from Edward Jones but firm members attended a tasting, according to FINRA.