Practice

Wells Fargo & Co. agreed to settle charges that its brokerage and a former vice president sold securities it didn't understand to municipalities, non-profit organizations and other customers.

Steve Wershing, "The Referral Doctor," says one of the great misconceptions in our business is that clients "give" us referrals. If advisors want to learn how to attract a significant number of ongoing referrals, they must understand the dynamic that causes people to make referrals in the first place.

TD Ameritrade Institutional claims its iRebal system will allow financial planners to rebalance client portfolios in "near-zero" time.

As sales of ETFs boom, the SEC's Office of Investor Education and Advocacy has released an investor bulletin on the investment vehicle.

Here's something for the estimated 72 million 401(k) participants to look forward to at the end of this month: On Aug. 30, the Department of Labor's Employee Benefits Security Administration participant fee disclosure rule, dubbed ERISA 404(a)(5), will go into effect.

Independent financial advisors are strong supporters of former Massachusetts Gov. Mitt Romney in his presidential bid, a new survey has found.

On August 30, the Department of Labor's Employee Benefits Security Administration participant fee disclosure rule, dubbed ERISA 404(a)(5), will go into effect.

FINRA has reconstituted its board of governors, adding three new members and re-appointing three others.

Money-market fund companies obtained permission to support 155 of their funds during the financial turmoil of 2007 and 2008, and six more funds got the same go- ahead since the crisis, according to a list provided to Congress by the U.S. Securities and Exchange Commission.

Market timing and late trading scandals in 2003 led to a substantially more demanding regulatory environment. This has included the adoption of a rule requiring funds to designate a compliance officer and implement a comprehensive program for complying with federal laws and regulations on investment fund operations.