Regulation

Douglas P. Simanski allegedly told clients he would invest their money in a “tax-free,” fixed-rate investment, a rental car company and a coal mining firm.

Actions against advisors and fund companies accounted for nearly a quarter of all standalone cases, even while budget constraints and legal setbacks hobble enforcement efforts.

There are good reasons to worry that brokers are unfairly maligned.

FINRA says the firm did not disclose necessary client issues or hacking attempts.

The regulator proposed a "clear and concise" summary for clients considering the products, but the impact appears limited.

You must not overlook important cybersecurity protocols for protecting your email.

A lawsuit filed by an ex-client was granted class action status after the firm failed to keep the dispute out of court.

Researchers from top business schools studied arbitrator selection, as shown in nearly 9,000 cases filed by clients over a 27-year span.

For advisors that make a claim of misconduct the deck appears stacked in favor of the employers.

The settlement is the latest cost for Wells Fargo stemming from a phony accounts scandal that erupted in September 2016.