Law and regulation

One barred broker borrowed funds from clients without approval, according to FINRA.

The world's largest asset manager is making the move in an effort to lower costs for clients, the company said in a statement.

A revenue boost for the firm's asset-management unit is key and could play a role in raising capital that's been eroded by misconduct charges.

The industry will experience an acceleration of the technology as firms meet data challenges, says Todd Moyer, an executive vice president at Confluence.

The move echoes a larger effort by Wall Street to boost brokerage revenue as investors flee actively managed funds for cheaper products.

Markets are starting to shift their attention away from growth-supportive tax policies.

The latest offering from Kevin O'Leary's O'Shares ETF Investments focuses on dividend-paying companies. Plus: Other launches.

Coding and other billing system errors were to blame, according to the regulator.

Daily volume has increased among both ETFs and equities, but the growth hasn't been equal.

The firm said it received a 1% boost to $2.89 billion. Analysts predicted $2.93 billion.