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.
Barred Advisor Gets 21 Months in Prison for Cherry-Picking
By Dinah Wisenberg BrinJonathan Glenn's unfair allocations of profitable trades defrauded clients of more than $2.7 million, authorities say.
September 24, 2024
SEC Hits Stifel, Others With $88M in Texting FinesStifel and Invesco will each pay $35 million over off-channel communications.
September 23, 2024
JPMorgan Sued Over 'Shockingly' Low Interest on Client CashThe case follows several other proposed class actions over brokerages' cash sweep programs.
September 23, 2024
Debate: Should COVID-Era Health Insurance Subsidies Be Extended?After 2025, the expansion of the premium tax credit will expire unless Congress acts.
September 23, 2024
DOL Appeals Two Rulings Halting Fiduciary RuleTwo federal court decisions temporarily stopped the rule from taking effect.
September 20, 2024
SEC Fines Firm for Not Inspecting AdvisorsJordan/Zalaznick Advisers failed to spot-check the books and records or conduct inspections of advisors it supervised.
September 19, 2024
The 60/40 Glidepath Is Dead for One Simple ReasonFinancial models assuming clients will live to 85 or 90 are at increasing risk of falling short.
September 19, 2024
Biblical ETF Firm Misrepresented Its Investing Strategy: SECThe SEC fined Inspire Investing $300,000, saying it didn't follow its own screening criteria.