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.
Annuity Advisor Settles With SEC Over Product Recommendations
By Allison BellRaymond Lent should have considered offering clients fee-based contracts, agency officials said.
May 20, 2024
Ex-Advisor Who Lied About Attempting Suicide Gets 3.5 Years for Bilking ClientThe client faced home foreclosure after the advisor failed to make mortgage payments as promised, the DOJ says.
May 17, 2024
RIAs, BDs Must Tell Clients About Data Breaches: SECA new rule amendment requires firms to notify clients within 30 days if private data has been compromised.
May 17, 2024
What the FTC's New Non-Compete Ban Means for Advisor RecruitingThe real reason unhappy advisors stay put has nothing to do with legal agreements, recruiter Jason Diamond says.
May 16, 2024
Supreme Court Upholds Consumer Watchdog's FundingJustice Clarence Thomas helped overturn a 5th Circuit ruling against the Consumer Financial Protection Bureau.
May 15, 2024
FINRA Debuts Remote Inspections Resource for Advisors, FirmsThe voluntary, three-year Remote Inspections Pilot Program starts on July 1.
May 15, 2024
Lawmakers Move to Torpedo New DOL Fiduciary RuleMembers of the House and Senate have introduced resolutions to overturn the rule.
May 15, 2024
Social Security COLA Estimate for 2025 Climbs Again to 3.2%Prices rose 3.4% from 12 months ago, new CPI data shows.