FINRA

How the new regulation will affect a planner’s advice.

The brokerage firm processed a number of securities transactions that facilitated conversions of foreign currency from or into U.S. dollars, FINRA claimed.

The regulator said "significant deficiencies" affected hundreds of millions of records.

With cybercrime an increasing threat to small financial firms, it’s important to have a comprehensive defensive program in place.

Lawyers have filed FINRA arbitration claims alleging the bank deprived them of their bonuses.

"I lose years of my life. They can settle, write a check and move on," says an adviser whose book of business dropped by $40 million after he alleges he was wrongfully terminated.

The wirehouse will leave its core pay grid untouched for 2017.

The regulator is concerned that Wells Fargo did not follow proper procedures in notifying former reps of their U5 filings and that the information contained in them was not correct.

From regulators to technology providers to CEOs, these are the players who will remake wealth management in 2017.

The regulator was looking into allegations that he structured transactions in his personal bank account to avoid federal reporting requirements.

Former Department of Labor officials allege systemic breakdown of whistleblower protection; two also handled Wells Fargo cases that went nowhere.

The problem began when a hyperlink was missing from where clients were accustomed to reviewing their transactions online.

Though against the firm's policy, the wirehouse still permitted the purchase of securities with credit lines "on thousands of occasions" during a four-year period, according to the regulator.

The Republican's hostility to all things Obama sets the stage for dramatic departures on financial regulation.

A FINRA panel ordered the wirehouse to pay damages to two former clients who invested in Puerto Rican municipal bonds and closed-end funds.

Whitley Hood declined to provide on the record testimony regarding allegations that she misappropriated funds from an affiliated bank.

The regulator, in a proposed final judgement, wants the former planner held liable for $123,000 spent on golf outings, shopping and cruises.

The former broker is accused of making false claims about his client list at Stifel to earn a compensation advance from another firm.

FINRA alleged he communicated with customers about standby letters of credit and bank guarantees outside the scope of his authority.

The firm was fined $1.57 million and must pay clients another $1.85 million for related infractions, the regulator said.