Regulation

BNP Paribas' record $8.9 billion penalty and criminal guilty plea could have reverberations industrywide, including emboldening the Justice Department to seek similar actions against domestic banks and causing international regulators to take retaliatory action.

Even minor run-ins with the law can haunt you if you don't report them properly.

Some broker-dealers and some issuers have distorted the truth about the municipal advisor rule, said a former SEC lawyer who worked on the new regulatory regime.

Selling a home in retirement; Frailty risk different from health care expenses; State of senior health, by state.

A former Credit Suisse managing director for investment banking who had pleaded guilty to lying about the value of mortgage-backed bonds in 2007, avoided time in prison after cooperating with prosecutors.

Sterne Agee Group's former chief executive officer faces a U.S. probe into whether he misused company assets such as airplanes, boats, hunting clubs and condominiums, a person with knowledge of the matter said.

Stock brokers who switch firms will be able to keep their bonuses to themselves for at least a few months longer.

To best leverage social media in their practice, advisors need to familiarize themselves with their firms' compliance rules and get a little personal on their social media accounts.

JPMorgan Chase engaged in a “pattern of discriminatory” lending that led to foreclosures, the city of Miami said in a lawsuit filed last week in federal court, the latest in a series of similar claims against the nation’s largest banks.

As regulators again put off action on a fiduciary standard for the wealth management industry, fi360 lets advisors move forward on their own.