Law and regulation

The SEC says an advisor with Wells Fargo's FiNet used client funds to help inflate the price of several stocks.

Undaunted by the failure of a rider to the federal budget bill, the new legislative initiatives will try to once again strangle the Labor Department fiduciary proposal.

Fired adviser Johnny Burris complained the firm forced him to sell unsuitable products to clients, long before it acknowledged to the SEC it “violated the federal securities laws.”

The fraudster swindled nine Fidelity customers out of more than $1 million over a seven-year period.

Tammy Petersen will be on federal probation for three years and will have to complete 200 hours of community service for embezzling more than $118,000 from Bank of America customer accounts.

State Street said it incorrectly invoiced at least $200 million in asset servicing expenses to clients over a period of 18 years and will compensate customers.

After losing dozens of advisors who managed billions in client assets to UBS, scorned Credit Suisse strikes back with legal challenge.

Regulator could make some "immediate" changes; arbitration reform advocate says he's "hopeful."

As lawmakers broker a compromise to keep the government funded, industry groups vow to continue the fight to delay Department of Labor's controversial advisors rules.

The last review was seven years ago.