Regulation

An imaginary look at how one very prosperous firm might approach a new set of standards.

Earlier this year BlackRock, the largest asset manager in the world, announced that it would follow Fidelity and Federated in making changes to its money market fund offerings.

Third Avenue Management was sued by an investor who said the firm failed to maintain adequate liquidity despite signs the fixed- income market was increasingly volatile.

The Obama administration wants to ensure its plans can withstand congressional opposition before the president leaves office, experts say.

CEO John Taft warns that regulatory scrutiny will increase, but adds that the long-term goal a unified fiduciary standard of care will still benefit clients and advisors.

After being burned by a now-barred advisor's $2 million Ponzi scheme, an ex-client is seeking redress from the advisor's former employer.

The litigator and Washington lobbyist, who will oversee strategic direction and diversity initiatives, does not hold a CFP.

Larry Werbel, head of Evolution Partners Wealth Management, intends to plead not guilty on charges that he was paid off by an ex-convict to lure clients into worthless investments, his lawyer says.

Retirement trade group pitching Labor Department on changes to protect commission-based advice and proprietary products.

BlackRock is urging U.S. regulators to exclude ETFs from potential rules that could crimp investment returns.