Regulation

With a close watch on the policies from incoming President-elect Donald Trump, industry leaders and analysts share their predictions for industry trends in 2017.

The lawsuit alleges that Muirfield President Geoffrey Stern exposed Highland to "public hatred, ridicule and disgrace."

The regulator was looking into allegations that he structured transactions in his personal bank account to avoid federal reporting requirements.

Despite expected industry constriction, a number of leaders see opportunities in employing technology, innovative products and even strategy toward regulation.

Former Department of Labor officials allege systemic breakdown of whistleblower protection; two also handled Wells Fargo cases that went nowhere.

The president-elect's nominee will help decide the fate of the department's fiduciary rule.

The industry trade group is also calling on regulators to harmonize existing rules.

The model for financial advice "is primed and ready for change," says Cetera CEO Robert Moore.

The potential for the fiduciary rule to be scuttled by the Trump administration helped drive the decision, sources say.

Further shifts in broker pay could be possible as the industry moves to comply with the fiduciary rule and the Department of Labor issues new guidance.