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.
SoFi Securities Hit With $1.1M FINRA Fine Over Theft in Cash Accounts
By Melanie WaddellSoFi's lack of protections resulted in customers using accounts to steal $2.5 million, FINRA says.
May 02, 2024
Debate: Was the FTC Right to Ban Non-Compete Agreements?The prohibition will affect about 30 million American workers subject to the contracts, according to the agency.
May 02, 2024
This Overlooked Secure 2.0 Change Helps Business-Owning SpousesThe law created two important exceptions that can help owners of closely held businesses offer retirement plans.
May 02, 2024
Beware of Double Jeopardy in SEC Proceedings: SEC RoundupAfter federal court litigation, the SEC may seek to bar you for the same conduct.
May 02, 2024
FINRA Files to Extend CE Deadlines for Brokers on a BreakBrokers who left the industry would have more time to complete CE requirements under FINRA's Maintaining Qualifications Program, or MQP.
May 01, 2024
Schwab Charity Funnels $250M to Right-Wing CausesThe donor-advised fund gave $141 million to a group tied to activist Leonard Leo between mid-2022 and mid-2023.
May 01, 2024
Former Merrill Advisor Sues Over Unvested CommissionsKelly Milligan contends he had to forfeit over $500,000 in deferred commissions.
May 01, 2024
Fiduciary Rule Lawsuit? Bring It, DOL Chief SaysActing Labor Secretary Su says the rule can withstand a court challenge. A GOP congressman isn't so sure.