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.
Social Security Fairness Act Sets ‘Disturbing’ Precedent: Cato
By John ManganaroOne analyst believes the law sets a dangerous example when it comes to Social Security’s bigger solvency problems.
January 17, 2025
Vanguard to Pay $106M to Settle Charges Over Misleading StatementsThe settlement is tied to tax bills some clients received after others switched to lower-cost funds.
January 17, 2025
Capital One Direct Deposit Problems Drag On Into Third DayCustomers continued to report account trouble Friday, with an outage monitoring site logging 4,000 reports.
January 17, 2025
SEC Fines LPL $18M for AML ViolationsLPL failed to close or restrict thousands of prohibited high-risk accounts, according to the SEC.
January 17, 2025
Wells Fargo, Merrill to Pay $60M Over Cash SweepsClients were pushed into bank sweeps that at times paid far less than other options, the SEC said.
January 16, 2025
Rep Violated Reg BI With Excessive Trading in Older Clients' Accounts: FINRAThe rep was suspended and ordered to pay more than $27,000 in restitution.
January 16, 2025
Capital One Customers Report Missing Direct DepositsCustomers are complaining that expected direct deposits are missing; the bank says it is fixing technical problems.
January 15, 2025
New RIA Platform Promises Better Compliance and Lower Advisor CostsFeatures of RIA Out of the Box include privileged legal services and ongoing startup support.