Practice

The Financial Industry Regulatory Authority has hit Wells Fargo Advisors with $1 million in fines for delayed delivery of prospectuses to its mutual fund customers and required regulatory disclosure information about its representatives.

The Securities and Exchange Commission has proposed requiring financial firms to report in real-time either short sale transactions or positions, as part of an initiative to increase disclosure on the popular practice.

WASHINGTON--The Securities and Exchange Commission is set to meet Tuesady to address how to prevent runs on money market funds that could disrupt the $2.7 trillion market and the nation's financial system as a whole.The federal regulator will hold a roundtable involving industry experts, academics, other regulators and agencies making up the newly created Financial Stability Oversight Council at its headquarters at 2 p.m. Here is a list of participants.

Sixty-three percent of investors said the advisor produces results that align with their family’s goals and risk parameters. Only 17% disapproved of the advisor’s performance.

BNY Mellon announced Monday it hired Mitchell Harris as president of its investment management division.

As the Securities and Exchange Commission and Commodity Futures Trading Commission try to create rules governing the burgeoning $700 trillion over-the-counter derivatives market, buy-side firms want to ensure they aren't left out in the cold.

The Hartford is waging an educational campaign emphasizing tax-saving tips for retirement plan participants.

The Securities and Exchange Commission is set to meet next week to address how to prevent runs on money market funds that could disrupt the $2.7 trillion market and the nation's financial system as a whole.

A pension expert panned federal lawmakers’ efforts to increase oversight of state and local governments’ public pension plans.

Republicans are strongly considering using a rare procedural move to prevent President Obama from making a recess appointment to install a director of the CFPB.