Regulation

Bank of America Corp. and Wells Fargo & Co. were fined by the Financial Industry Regulatory Authority over sales of loan funds.

Regulation should be strong enough to protect investors yet business-minded enough to promote active derivatives, mortgage and other markets, says Judd Gregg, a former New Hampshire lawmaker and new chief executive of the Securities Industry and Financial Markets Association.

ING U.S. announced last week that the underwriters in its initial public offering have exercised their overallotment option to purchase approximately 9.8 million additional shares of ING U.S. from ING Group at the IPO price of $19.50 per share.

The ICI has a new director of Financial Services Policy.

Regulatory efforts to change Community Reinvestment Act rules — unveiled three years after nationwide public hearings on the subject — are far too timid, according to consumer groups.

Changes in ERISA rules could make life more difficult for advisors to promote 401(k) plans to employers.

Our legal expert discusses when settling an arbitration case saves time and money.

Wealth management executives call for more accountability and a new approach to client relationships.

Advisors are urged to weigh in as a pair of rulemaking proceedings move forward this summer.

Royal Bank of Canada was ordered to pay more than $800,000 to a U.S. couple over their losses on investments including Lehman Brothers Holdings Inc. preferred stock.