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.
Cash Sweep Clients 'Were Paid Peanuts': Ex-SEC Commissioner
By Melanie WaddellFormer SEC Commissoner Robert Jackson has partnered with a law firm to help underpaid brokerage customers.
August 21, 2024
TD Takes $2.6B Hit on Probe, Sells Schwab SharesThe bank is selling part of its stake in Charles Schwab to cover fines it expects to pay for failures in its money-laundering controls.
August 21, 2024
Can't Stand Form 1099-R? Tell the IRSTaxpayers can suggest how to improve the distribution form for retirement accounts and annuities, for instance, by Oct. 21.
August 21, 2024
Ex-Broker Barred After Refusing to Respond to FINRA ProbeCambridge Investment Research dismissed Gregory Corrie last year, alleging excessive use of unit investment trusts.
August 20, 2024
Risks Are Piling Up for Firms' Cash Sweep Programs: ReportThe uptick in litigation and regulatory activities could entail higher costs, which might hurt advisor recruiting deals, an expert says.
August 19, 2024
Social Security Claiming: The Case of a Couple's Many ChoicesIt's essential for spouses with large differences in age and earnings, for instance, to coordinate their claiming choices carefully.
August 19, 2024
FINRA Bars Ex-Broker Probed Over Mutual Fund SuggestionsMichael Grande failed to respond to two requests for information and didn't seek extra time to respond, FINRA says.
August 19, 2024
Icahn Reaches $2M SEC Settlement After Margin Loans ProbeThe investigation started after a report by short-seller Hindenburg Research sent shares in Icahn's investment firm tanking.