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 to Boost Scrutiny of AI Tools Used by Advisors, Brokers
By Nicola M. WhiteEarlier this year, the regulator fined two money managers for making allegedly bogus claims about their use of artificial intelligence.
October 22, 2024
IRS Clarifies When Retirement Plan Overpayments Can Be Rolled OverThe guidance allows "plans to refrain from going after innocent retirees who received too much," J. Mark Iwry says.
October 22, 2024
IRS Reveals New Tax Rates, Deductions for 2025The tax year 2025 adjustments generally apply to income tax returns to be filed starting tax season 2026.
October 21, 2024
Supreme Court Rejects Bid to Let President Fire Agency LeadersThe court upheld a ruling that has become a target for groups seeking to defang agencies like the SEC.
October 21, 2024
WisdomTree Hit With $4M Fine Over ESG FundsThe firm misstated that funds avoided companies involved in fossil fuels and tobacco, the SEC said.
October 21, 2024
Revived EF Hutton Breaks Up as Partners Resolve Legal FightThe firm says partners Joseph Rallo and David Boral have agreed to take their businesses "in different directions."
October 21, 2024
LPL Blasts Ameriprise Recruiting Suit as 'Public Relations Stunt'Ameriprise has filed several lawsuits against LPL alleging improper recruiting tactics.
October 21, 2024
Trump's Tariffs, Tax Plans Could Bankrupt Social Security by 2031: ReportResearchers warn cutting taxes on Social Security benefits, tips and overtime would leave Social Security insolvent years earlier.