Regulation

Awards and settlements are piling up even as the U.S. wealth management unit reports record profits.

The White House’s inaction has left the SEC and the CFTC with just two members each, one from each party, giving Democrats the power to block policy moves they disagree with.

Advisers will be challenged to evolve to remain successful in the new age of cheaper investing, shifting demographics and (at some point) a fiduciary standard, says Tim Coleman of Centier Bank.

The investment manager has filed an initial registration statement with the SEC for eight funds, sub-advised by two affiliates of Legg Mason.

The Labor Department will now conduct a review with an eye toward amending or rescinding it.

Charles Banks pleaded guilty to wire fraud related to loan refinancing for sports merchandising venture Gameday Entertainment.

The former Barclays broker still owes more than $460,000, a FINRA arbitration panel ruled.

Here's what an alternative approach to the Labor Department regulation could look like.

RIAs must start disclosing more about bad actors, auditors and asset breakdowns.

A report from the bank concludes that payouts on the country's securities, while difficult to determine, are likely to far exceed current pricing.