The ban comes after the Wall Street regulator's imposition of nearly $3 billion on fines for failing to track and record communications sent on messaging apps.

The regulator's Consolidated Audit Trail database, intended to collect trading data, is in legal crosshairs again over privacy issues.

Morgan Stanley CEO Ted Pick downplayed the importance of government investigations into potential money laundering issues involving wealth management clients. "We've been focused on our client on-boarding and monitoring processes for a good while," he said.

An expungement lawyer contends firms have an incentive to tar the reputation of departing brokers in an attempt to retain assets under management.

The SEC, the Office of the Comptroller of the Currency and other Treasury Department offices arre all looking into the Wall Street giant's anti-money laundering measures.

The firm may pursue its claims through an administrative office at the agency after agreeing with the federal government to dismiss its case.

The Securities and Exchange Commission has temporarily stayed its climate-related disclosure rule amid a rash of lawsuits.

Lack of information and transparency — as well as lack of a true economic stress test — give the IMF pause over the rapidly growing investments.

Wirehouses are struggling to manage complex compensation plans and retain their employees, among other issues they face.

A new analysis of 110 years of state-level tax policies shows a migration of wealthy Americans to low-tax jurisdictions.