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.
Fed Faults Living Wills of BofA, Citi, Goldman and JPMorgan
By Ben BainFour banks must improve their blueprints for a hypothetical wind-down after regulators find issues in their plans.
June 20, 2024
IRS Targets 3 Types of Partnership TransactionsRegulations would address taxpayers shifting the basis of assets between partners or entities to lessen capital gains.
June 20, 2024
Ed Slott: IRAs Are a Ticking Tax Bomb"It would almost be malpractice for any financial or tax advisor to ignore the coming tax storm," Slott says.
June 20, 2024
Supreme Court Leaves Door Open for Wealth TaxIn a closely watched case, the justices upheld a tax on undistributed foreign business income.
June 18, 2024
IRS to Crack Down on Tax-Dodging Asset ShiftsThe agency will issue regs on a technique allowing wealthy individuals and partnerships to move assets to avoid taxes.
June 18, 2024
Biden Nominates Hawaii's Commissioner to Stability CouncilGordon Ito is on track to succeed Thomas Workman as the FSOC voting member with insurance expertise.
June 17, 2024
For Advisors, an Untapped Opportunity in Donor-Advised FundsDemand for DAFs and other giving vehicles is rising among corporations and VIP clients, United Charitable's CEO says.
June 17, 2024
Principal Ordered to Pay $7.3M to Medical Research FoundationThe foundation says the company let an advisor recommend unsuitable life and annuity products.