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.
TD Bank Sells Schwab Stake, Expects to Raise $14B
By Christine DobbyToronto-Dominion will sell 184.7 million shares of Schwab’s common stock, representing 10.1% economic ownership.
February 07, 2025
FINRA Suspends Rep Over Excessive Trades in Senior Client's AccountJustin Deiter violated Regulation Best Interest, FINRA says.
February 07, 2025
Trump Takes Aim at Private Equity’s Favorite Tax Perk AgainThis could reduce the deficit by $13 billion through 2034, according to the Congressional Budget Office.
February 05, 2025
Treasury Defense of DOGE in Payment System Raises SkepticismThe Treasury secretary's response "raises more questions than answers,” Sen. Elizabeth Warren says.
February 05, 2025
Senate Panel to Vote Next Week on Lori Chavez-DeRemer as Labor SecretaryThe Senate HELP Committee plans to hold a confirmation hearing on Feb. 12.
February 04, 2025
Robinhood Says CFTC Asked It to Halt Super Bowl WagersThe agency said it has “serious concerns” about firms offering access to contracts that may not be legally permissible.
February 04, 2025
RFK Jr. Clears Senate Committee, Heads to Full Vote to Lead HHSThe committee voted along party lines; 14 Republicans voted to support him, while 13 Democrats did not.
February 04, 2025
Apex Clearing to Pay $3.2M Over Securities Lending Program"Customers were exposed to risks but did not receive any of the borrowing fee," FINRA says.