Compliance

Three advisors for San Diego-based Total Wealth Management -- including one who apparently once worked for the FBI -- now face SEC charges for allegedly paying themselves concealed revenue-sharing fees from investments they recommended to clients.

Using these two simple techniques, one firm acquired over 100 new clients through social media last year.

Two former executives of Sonoma Valley Bank have been indicted for their alleged involvement in a $9.5 million fraud scheme.

Using these two simple techniques, one firm acquired over 100 new clients through social media last year.

This new social media platform allows users to submit short stories rather than 140-character Tweets or short Facebook posts. But should advisors care?

Using these two simple techniques, one firm acquired over 100 new clients through social media last year.

FINRA is examining whether Wall Street firms overcharge investors on some bond trades and whether they unfairly allocate new corporate debt issues to reward certain clients.

The House Committee on Small Business held a hearing to discuss the biggest tax problems for small businesses.

A new study, backed by the industry, says the DoL's new rules could leave millions of workers without retirement advice.

UBS was ordered to pay a former broker at least $5.3 million in damages and fees after he said that the bank misled him about the risks of securities issued by Lehman Brothers Holdings.

Using these two simple techniques, one firm acquired over 100 new clients through social media last year.

New York's top banking regulator is joining the U.S. Justice Department in investigating whether Credit Suisse Group helped U.S. clients evade taxes, a person with knowledge of the matter said.

A trial attorney from the SEC said his bosses were too “tentative and fearful” to bring many Wall Street leaders to heel after the 2008 credit crisis, echoing the regulator’s outside critics.

The advisor was suspended for downloading reams of confidential, nonpublic information for more than 2,000 customers of a credit union where he had previously been employed.

The former president and chief executive of Gateway Bank in Oakland, Calif., has been accused of orchestrating a fraud scheme to disguise the bank's crumbling financial condition.

The Treasury Department and the IRS said they will treat 19 countries that have reached agreements with the U.S. on the FATCA as having those agreements in effect until the end of 2014.

Transamerica Financial Advisors, one of the nation's largest independent broker-dealers, is reimbursing more than 2,300 accounts in a settlement with the SEC after being charged by the regulator with improperly calculating advisory fees and overcharging clients.

Lawmakers from both sides of the political aisle reached a rare accord, pledging to further investigate allegations of retaliation and discrimination among employees of the Consumer Financial Protection Bureau.

Some advisors and industry players are encouraged by the SEC’s endorsement of certain social media practices while others fear it will open a dangerous Pandora’s Box.

Only 40 banks have their own brokerage units, a mere 2% of the 1,809 banks that offer investment services.