Regulation

While financial institutions are apt to remain wary of the cryptocurrency and others like it, the industry is ready for more-controllable versions of its distributed-ledger technology, a new report argues.

As older clients start drawing down their wealth, the industry needs younger investors to ensure its future, says Janney Montgomery Scott CEO Timothy Scheve.

If the Financial Stability Oversight Council was hoping for any kind of consensus on whether and how it should regulate asset management companies, the feedback it has received on its request for comment is likely disappointing.

Andrew Bowden will return to the private sector after four years of working to streamline the SEC's advisor exam program.

The allegations, coming from two former clients of the recently dismissed advisor, demonstrate how a big producer could also become a big liability for firms, securities law experts say.

IRS prosecutions spike in April, possibly as a not-so-gentle reminder during filing season that there can be a big price to pay for tax evasion and tax fraud.

Placing the opportunity for ordinary investors to invest in hot pre-IPO companies in a fund required SharesPost to first answer a question: how exactly would the fund be structured?

BlackRock, the world’s largest asset manager, said it would change its lineup of money-market mutual funds to make them comply with new federal regulations.

Every day you delay is a day you are intentionally failing to comply with the rules.

Dwight Freeney, who played with the San Diego Chargers last season, claims the bank set him up with an unqualified private banker and her "notorious financial predator" boyfriend, according to court documents.