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.
Schwab, 11 Other Firms to Pay $63M in SEC Texting Crackdown
By Melanie WaddellEmployees used personal devices to communicate internally and externally by text messages, the SEC said.
January 10, 2025
Ex-WWE CEO Vince McMahon to Settle SEC Case for $1.7MMcMahon hid hush-money settlements he negotiated, leading to incorrect financial statements, the SEC says.
January 09, 2025
Fidelity Fined $600K Over Employee Who Raided Stock-Plan AccountsThe firm failed to detect an associated person's conversion of $750,000 over eight years, FINRA said.
January 09, 2025
UBS Set to Settle Credit Suisse Tax Case: WSJ ReportsThe deal over tax evasion could come as early as this week, according to the paper.
January 08, 2025
Early IRA and 401(k) Withdrawals: What to KnowClients who wants to tap retirement accounts before age 59.5 should know the rules — and the exceptions.
January 08, 2025
Edward Jones to Pay $17M Over Front-Load CommissionsThe firm charged some clients when moving A shares from brokerage to advisory accounts, 14 state regulators found.
January 08, 2025
Social Security ‘Fairness’ Doesn’t Come for FreeThe new law will cost almost $200 billion over a decade and hasten insolvency, Olivia Mitchell says.
January 08, 2025
FSI Names Board of Directors and Executive CommitteeThe advocacy group's board added four new members and elected five prior directors to leadership roles.