Compliance

Former Federal Reserve Chairman Ben S. Bernanke's new senior adviser role at PIMCO is his second consulting agreement with a top money manager in as many weeks.

Instead of shifting all their assets to bonds and other safe investments, retired clients should keep some in high-quality dividend stocks; Also, clients should be self-centered when planning for retirement.

The U.S. Senator says she is, "concerned that these incentives present a conflict of interest for agents and financial advisors."

The SEC is investigating whether the bank's Merrill Lynch unit broke rules designed to safeguard customer accounts, according to the Wall Street Journal.

After several annual losses and FINRA fines, call center magnate John Sykes to sell JHS Capital to the country's second-largest IBD.

The commission alleges that the advisor and his associates defrauded investors by concealing key information about unpaid debts in two rounds of securities offerings in farm loan ventures.

Three advisors were stripped of their CFP designations, 13 were suspended and seven were publicly admonished for technical infractions.

By taking a "glass half-empty" approach on the fiduciary issue, regulators are doing investors and advisors a disservice.

Building a successful asset management firm is difficult. That's not an earth-shattering statement given that most firms fail to meet their expectations for asset growth. And yet each year, hundreds of firms plunge into investment management believing they have something to offer that will drive investor acceptance and success for their business.

CEOs, when questioned in recent earnings calls, offered first impressions of the impacts the proposal may have on the industry.

The association of state securities regulators has proposed a rule that would compel advisors to maintain formal business-continuity and succession plans.

Seven years after declaring a truce in a battle with large banks over tracking their insured deposits, the FDIC reopened the fight Tuesday with a new proposal that would take an even tougher stance.

The case complaint is the latest to portray America’s all-electronic stock market as vulnerable to predators with software.

Adding rollovers and IRAs to the definition of fiduciary duties, the Department of Labor's new proposed rule could have a huge impact on firms in a fast-growing and profitable segment of the retirement savings industry.

BlackRock agreed to pay $12 million to settle U.S. regulatory claims that it failed to disclose a conflict of interest of a top portfolio manager.

BlackRock agreed to pay $12 million to settle U.S. regulatory claims that it failed to disclose a conflict of interest of a top portfolio manager.

Former Federal Reserve Board Chairman Paul Volcker proposed a massive shake-up of the U.S. financial regulatory system on Monday that would consolidate oversight into three super regulators.

Behind the accounting errors that knocked $4 billion off American Realty Capital Properties' market value was a hidden scheme that generated more than $900 million in managers’ fees and bonuses, investors said in a lawsuit against the company.

The Department of Labor's latest proposal should be fully digested and evaluated before public comments are sought by the agency.

An arbitration panel granted the wirehouse's request for damages for breach of contract, but the award fell short of the original $1.4 million the firm sought.