Regulation

Exclusive: Without any notice, ‘fee-only’ is replaced with ‘none provided’ on CFP holders’ profiles.

Bloomberg -- Technical malfunctions at stock exchanges around the world are putting their owners’ credit ratings in jeopardy, according to Standard & Poor’s.

Bloomberg -- Stock brokers who are lured to new firms with signing bonuses of at least $100,000 will be required to inform clients under a rule approved by FINRA.

FINRA is pressing ahead with a controversial new rule that would require brokers to make disclosures about recruitment compensation they receive as an enticement to jump to a new firm.

Brokerages from Morgan Stanley to Bank of America Corp.’s Merrill Lynch poach salesmen from one another, offering bonuses based on how much revenue they produce. Now brokers receiving bonuses of at least $100,000 will be required to inform clients.

Bloomberg -- JPMorgan Chase & Co., seeking to end probes of a trading debacle that damaged its reputation for risk-management, agreed to pay about $920 million for failing to implement adequate controls and providing incomplete information to regulators and its board.

Exclusive: Widespread abuse of the term raises question of a disciplinary double-standard.

Seeking to end probes of a trading debacle that damaged its reputation for risk-management, JPMorgan agreed to pay about $920 million for failing to implement adequate controls and providing incomplete information to regulators and its board.

Bloomberg -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon told employees to prepare for more legal woes while the bank undertakes an “unprecedented effort” to comply with regulations.

Wall Street banks, facing a drop in third-quarter trading revenue, are counting on today’s Federal Reserve announcement to spark a surge in volume.