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.
Ex-Ameriprise Broker Sanctioned Over Leveraged ETFs
By Dinah Wisenberg BrinGeorge Snyder IV recommended ETFs not typically advised for retail investors, FINRA says.
October 15, 2024
Ameriprise Says LPL Urged Advisor to Improperly Lure ClientsLPL's "regular pattern and practice is to encourage recruits to violate their contractual agreements," Ameriprise alleges.
October 14, 2024
Jeff Levine Joins Tax Planning Faculty at American CollegeLevine will help advisors meet client demand for tax-informed planning.
October 11, 2024
Citi: Advisor Improperly Lured Clients to Move Millions to Wells FargoMichael Fowler contacted clients multiple times to solicit them to switch firms, Citi alleges.
October 11, 2024
IRS Provides Tax Relief to Hurricane Milton Victims in FloridaTaxpayers in affected areas have until May to file various federal returns and make certain tax payments.
October 10, 2024
Trump Vows to End Income Taxes on Americans Living AbroadCurrently, all expats must file tax returns but those who make $126,500 or less aren't required to pay any U.S. taxes.
October 10, 2024
TD Fined $3.1B, Hit With Asset Cap Over Money LaunderingThe news follow Toronto-Dominion Bank's guilty plea over its failure to prevent money laundering by drug cartels and other criminals.
October 10, 2024
TD to Face Growth Limits, $3B Penalty for Money-Laundering Failures: WSJRegulators are likely to announce a settlement with the Canadian bank on Thursday.