Regulation

Firms will be permitted to place a temporary hold on disbursements of funds when there is reasonable belief of financial exploitation.

On the same day, the OCC faulted the bank for engaging in an “extensive and pervasive pattern” of discriminatory and illegal lending practices for years.

There is a shift from selling impersonal financial products to delivering personalized, outcome-based solutions at scale.

The regulator suspended the rep for two months and fined him $5,000 for keeping the firm in the dark about his dry-cleaning business.

A federal judge issued a restraining order and a temporary asset freeze against the former broker.

Commission-based investors want to keep their accounts, regardless of the fiduciary rule.

"People like you ought to be held to a higher standard because you know better," a judge tells former adviser Charles Banks.

Postponement serves no purpose, because honest consideration will not change the regulation.

A federal judge ruled that the ex-Barclays advisor had been unfairly forced into FINRA arbitration, where a panel had ruled against him.

Big firms are asking for more time, while investors and even some advisers are asking the Labor Department to keep the rule intact.