Compliance

Active asset managers such as GAM are facing higher regulatory costs and the growing popularity of low-cost ETFs that passively track markets.

George Merhoff poured his clients' portfolios into a handful of energy stocks that plummeted in value, ex-clients allege in arbitration cases.

The hedge fund's legal woes, however, have taken a toll on the company's stock, which has fallen about 71% in the past year.

Equities and currencies are extending two months of gains after a report showed U.S. gross domestic product grew at less than half the pace forecast by analysts.

The adviser allegedly placed more than 700 trades over three years, giving the client "little to no possibility" for a profit, the regulator says.

Although markets were jolted by The UK’s vote to leave the European Union, one asset manager says it was a good test.

Compliance with the fiduciary rule is both essential and complicated.

Compliance with the fiduciary rule is both essential and complicated.

Consultants are turning to technology as the SEC ramps up RIA exams.

Consultants are turning to technology as the SEC ramps up RIA exams.

The newly approved rule could shave months off the process of getting active ETFs on the market.

The company’s survival may depend on a continuing security awareness training program.

Index funds often benefit from a low-cost halo. They don't all deserve to bask in that glow.

CEO Paul Reilly says the firm has hired new compliance professionals and is also working with outside attorneys in order to prepare for new regulations.

FINRA cracks down after $1.3M theft from 89-year-old client.

Two firms were fined over $100,000 for not disclosing nearly $5M in loans to clients.

Firms and brokers would contribute to a pool to compensate investors who were defrauded but are unable to collect, according to one recommendation.

As the industry endures market volatility and the onslaught of federal regulations, the search for cost reductions has become vital.

JPMorgan Chase, which acquired the company in 2008, is still trying to get insurers to foot part of the bill.