Regulation

A federal judge has declared that Fidelity Investments and the American unit of ABB, Inc. violated federal laws by making pension holders pay excessive 401(k) plan fees, and has ordered the defendants to pay $36.9 million in damages.

An arbitration panel has ordered Stifel Nicholas & Co. to pay $70,000 out of a more than $7 million claim brought against the firm by Wachovia Securities for allegedly unfairly raiding one of its Oklahoma offices.

A federal judge has declared that Fidelity Investments and the American unit of ABB, Inc. violated federal laws by making pension holders pay excessive 401(k) plan fees, and has ordered the defendants to pay $36.9 million in damages.

The Federal Reserve's stress tests and capital decisions help clarify who can afford to buy, how much they can pay and who might need to sell.

Our legal expert marks an anniversary.

Investors are going to demand adherence to international financial standards.

Two federal civil suits against UBS will explore whether clients can legally rely on their private bankers' assertions that there is no need to disclose the accounts on their tax returns or sign required disclosures.

Financial services firms, including mutual fund managers, admitted that they invited negative public perception by their actions, or inactions, according to the 2012 Makovsky Wall Street Reputation Study.

In an effort to break a deadlock in the SEC’s effort to adopt a uniform fiduciary standard, a group of seven influential consumer groups and industry organizations – including the FPA, NAPFA and CFP Board – have provided the commission with a proposed roadmap for resolving the debate.

Nearly three-fourths of marketing execs surveyed are confident that new laws will help their firms regain clients' trust.