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.
Robinhood’s Gallagher Drops Out of SEC Chair Consideration
By Lydia BeyoudThe ex-SEC commissioner, now Robinhood's chief legal officer, said he's "committed" to the firm's millions of customers.
November 25, 2024
Ex-LPL Rep Let Business Partner Sign for Customers: FINRABrenton Charles Schmidt signed the documents after his business partner signed for the customer, according to the regulator.
November 25, 2024
Trump Picks Lori Chavez-DeRemer as Labor SecretaryShe co-sponsored the PRO Act, which makes it harder for companies to classify staff as independent contractors.
November 22, 2024
Court Limits FINRA's Power to Expel BrokeragesThe SEC must weigh in before FINRA can cast out one of its members, according to a court of appeals.
November 22, 2024
Expect Secure 3.0 and a Major Tax Bill Next YearTax cuts will likely be fast-tracked in 2025 as Secure 3.0 takes shape, a former DOL official says.
November 22, 2024
Schwab Eyes Spot Crypto Trading Once Regulations Change“I have not bought crypto, and now I feel silly,” said incoming CEO Rick Wurster.
November 21, 2024
Quarter of SEC Actions Dealt With Off-Channel Communications in 2024: ReportThe total number of enforcement actions dropped 12% from fiscal 2023, a new study finds.
November 21, 2024
SEC Chair Gensler to Step DownHis exit on Jan. 20 means the SEC could be led by either Hester Peirce or Mark Uyeda.