Practice

The U.K.’s Financial Services Authority fined the firm $1.77 million on Wednesday, bringing its total fines against the firm this month to $13.97 million.

Companies are not following the leads of consumers. In the enterprise, Apple’s iPad tablets and iPhone smartphones are gaining ground against mobile devices based on Google’s Android operating system. And the biggest adopters of iPads and iPhones are financial services firms, according to a new activation report.

As the Patient Protection and Affordable Care Act approaches its one-year anniversary, the focus on the law is shifting from the issues of extending coverage and insurance reforms to the structure of the upcoming insurance exchanges, accountable care organizations and the definition of "essential benefits."

The absence of banking issues from the State of the Union speech was logical two years after the crisis, but the President's silence on areas still in turmoil disappointed lawmakers.

The Spectrem Affluent Investor Confidence Index rose five points in January.

The Securities and Exchange Commission has charged a Long Island investment adviser with defrauding his customers a total of $8 million after inflating the value of their holdings through a practice called cross-trading.

Commodity Futures Trading Commission member Michael V. Dunn said Wednesday that the regulator cannot fulfill all its new duties under the Dodd-Frank Wall Street Reform Act unless it gets more funding.

The Dodd-Frank Wall Street Reform and Consumer Protection Act faces a “serious threat” and “potential undoing” ­under Republican-proposed spending cuts, House Democrats warned Tuesday.

There’s a buyer for you out there. Here’s what you need to consider for 2011.

In a narrow 3-2 vote today, the U.S. Securities and Exchange Commission (SEC) has green lighted a provision that will give shareholders a say on the executive pay at companies they have a substantial stake in.