Regulation

An advisor's initial instinct when notified of a pending examination may be to worry or be nervous. We recommend that you take fear out of this process, though. Once you receive notification of a regulatory examination, stay calm and follow these seven steps.

The IRS issued a consumer alert warning taxpayers to beware of tax preparers who tell clients to give them their health insurance paymen

The Senate Finance Committee heard testimony about the increasing prevalence of tax scams and identity theft, with senior citizens finding themselves especially vulnerable to callers impersonating IRS employees.

Thomas Buck and his daughter, an NFL cheerleader, left the firm for unknown reasons.

A wealth manager has been hit with 14 customer disputes since entering the industry in 2005, FINRA records show.

The finance industry faces a steep, uphill battle in trying to convince the Consumer Financial Protection Bureau that the long-standing use of arbitration agreements is beneficial for consumers.

The Consumer Financial Protection Bureau's second arbitration study indicates the bureau's intent to regulate financial institutions' inclusion of clauses that prevent customers from suing.

Differences are to be expected, but the gaps were large enough to worry analysts. The big question now for JPM is whether the results could affect its comprehensive capital analysis and review due out later today.

Client behaviors, preferences and expectations have undergone some big changes. Old ways of engaging with prospects and clients fall flat in this new world. That's why reinventing their client engagement models - and the supporting business processes - must be a high priority for asset management and wealth advisory firms.

As federal regulators mull rules to extend anti-money laundering requirements to advisors, industry members might want to act on their own to set up formal programs to screen for suspicious activity.