Law and regulation

An advisor kept working with clients, and impersonated others on phone calls with Schwab, the SEC says.

The fees affected hundreds of thousands of customers and the total cost could climb to more than $180 million, according to a report in The Wall Street Journal.

Passive income held offshore may benefit from an arcane provision signed into law by President John F. Kennedy.

Six fiduciary groups call on advisors press SEC to clarify the differences between advisory and brokerage business models.

Lawmakers praise the spirit of the rule, but want to see a true uniform fiduciary standard.

The firm agreed to settle and admitted wrongdoing, according to the regulator.

FINRA plans to unveil a new user interface for its central registration depository system on June 30.

Critics say the SEC isn’t living up to promises made when Jay Clayton became chairman.

Investors may support the pay hikes, but protesters says the bank owes customers more.

The payout brings the distribution to more than $1.2 billion, a fraction of the more than $50 billion scam.