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.
FINRA Suspends Rep for Violating Reg BI With L Bond Sales
By Melanie WaddellThe rep told a client to invest a large share of her assets in a speculative debt security, FINRA says.
May 23, 2024
FINRA Seeks to Ease Worries on New Home Office RulesSome BDs are incorrectly saying their workers will be required to return to the office full time, FINRA says.
May 23, 2024
T+1 Starts Tuesday. Be Ready, SEC Chief WarnsGary Gensler extolled the benefits of the conversion, but also urged firms to perform all necessary testing.
May 22, 2024
Connecticut Puts Phoenix Life and Annuity Issuer in RehabThe move will limit the amount of cash life and annuity customers can get from sources backed by PHL's own assets.
May 22, 2024
Ex-Nuveen Stock Trader Gets 70 Months for Insider-Trading SchemeHe tipped off an Oregon retiree about the firm's planned trades in stocks in a six-year plot involving over 1,000 trades.
May 22, 2024
Ivan Boesky, Convicted of Insider Trading in 1980s, Dies at 87The high-flying trader speculator was exposed as a cheat in a scandal that defined the era and sent him to prison for two years.
May 22, 2024
New Court Filing Seeks to Halt DOL Fiduciary RuleFACC, an insurance group, is asking to delay implementation until its existing lawsuit against Labor is resolved.
May 21, 2024
Louisiana Moves to Adopt NAIC's Annuity Suitability UpdateOne question is what adoption will mean in light of the new DOL fiduciary rule requirements.