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.
December 20, 2024
JPMorgan, BofA and Wells Fargo Sued Over Alleged Zelle FraudFraud complaints weren’t addressed by the banks, with clients largely denied relief, the CFPB says.
December 20, 2024
Edward Jones, Cambridge and Osaic to Pay Clients $8.2M Over Excess FeesThe firms failed to give clients mutual fund sales charge waivers and fee rebates, FINRA says.
December 20, 2024
Wells Fargo and LPL to Pay $1.8M to Settle SEC ChargesEach firm agreed to pay a $900,000 penalty for failing to provide complete and accurate trading information.
December 20, 2024
DC Circuit Ruling Deals Blow to FINRA's Disciplinary Authority: SEC RoundupThe court upheld an injunction preventing FINRA from immediately expelling Alpine Securities without SEC review.
December 20, 2024
The CMS 2026 Proposed Rule Could Shake Your WorldIf you help clients with Medicare plans, life could soon become more complicated.
December 19, 2024
Schwab Seeks to Block Former Advisor From Soliciting ClientsThe firm wants to block its former advisor, Robert Van Ortega, from soliciting clients for his new RIA.
December 18, 2024
IRS Pushes Back Deadlines in Proposed RMD RegsThe move may affect some future Secure 2.0-related changes involving individual retirement annuities and other arrangements.
December 18, 2024
FINRA Awards $4.8M to Baird in Raymond James Poaching DisputeThe payments represent only a fraction of the $74 million in damages sought by the wealth management firm.
December 18, 2024
10 Worst Financial Advisor Cases of 2025While most advisors seek to do right by clients, a few break the rules — financially and otherwise.
December 16, 2024
A Top DOL Official Lays Out Her Year-End PrioritiesThe department is on the cusp of launching a key retirement tool, EBSA head Lisa Gomez tells ThinkAdvisor.