Regulation

Industry regulator proposes to give brokers safe harbor from legal liability if they delay a transaction when they suspect the client is the victim of abuse.

SEC claims First Eagle Investment improperly used mutual fund assets to pay for the marketing and distribution of fund shares.

A judge also ordered Andrew Parish to pay $341,000 in restitution and a $10,000 fine.

The advisor opted not to fight FINRA, saying the allegation against him is without merit.

The accused broker worked at Oppenheimer & Co. when the scheme began in 2009.

Why some analysts say the proposed fiduciary standard could mean fewer and more costly investment choices for clients; Plus, five money milestones for clients to hit in their 40s.

The former wirehouse advisor declined to participate in the arbitration case filed against her by the firm.

Once a source of agita mainly for commercial banks and credit card companies, hackers are now training their sights on investment firms, broker-dealers and hedge funds.

Panel envisions a recognizable credential that would help investors distinguish between financial professionals committed to clients' best interest and those pushing products.

Heightened demands for data from regulators has meant the past practice of using spreadsheets to collect information is not only outmoded, but could leave a firm exposed to liabilities.