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.
BD Fined for WSPs With No Mention of Reg BI
By Melanie WaddellJVM Securities' written procedures discussed Reg BI but were not tailored to its business, FINRA said.
August 05, 2024
'As an Industry, We Can Do Better' for Clients, RIA Says"Wall Street uses tricks to fool customers," Merrill advisor turned RIA Christopher Manske says.
August 02, 2024
As SEC Onsite Exams Hit Fever Pitch, Here's What RIAs Need to KnowTo prepare, firms should review their compliance programs and conduct mock SEC interviews with key staff.
August 01, 2024
Bill to Expand 403(b) Plan Menus With CITs Lands in SenateThe legislation mirrors popular parts of a broader House bill that passed the lower chamber in March.
August 01, 2024
Dropbox Co-Founder Claims JPMorgan Advisor Cost Him Over $225MArash Ferdowsi alleges that he was steered to unsuitable investments rather than index funds.
August 01, 2024
2 Big IRA Rollover Mistakes to Avoid: Ed SlottDirect transfers from account to account help clients skip mandatory withholding, the retirement expert says.
August 01, 2024
BD to Pay $1.5M Over Excessive Trading by Reps: FINRAWestern International Securities allowed excessive trading by four representatives that resulted in $2.5 million in trading costs.
July 31, 2024
Pershing Hit With $1.4M Fine Over Bad Interest Rate DataOne million account statements and trade confirmations had inaccurate interest rate information for some securities, FINRA said.