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.

Only 17 states permit these trusts, which can play an important role in planning for income taxes and estate taxes.

One major help will be in helping participants think in terms of lifetime income — as opposed to accumulated balances — by requiring benefit statements to include income estimates at least once a year.

FINRA accused the advisor of unlawfully "structuring" a total of $77,560 by depositing cash into his bank accounts in amounts just below the $10,000 reporting threshold.

From emerging technologies to new regulatory scrutiny, Aite Group analysts expect to see many firms redefine their business models in 2018.

The firm’s former COO is accused of destroying a copy of the culture report.

Here's how independent advisors can build a culture of zero tolerance for gender discrimination.

Financial advisory practices need to take responsibility for setting a positive culture and stopping abuse.

Even those who don’t work for Morgan Stanley could find themselves in a Catch-22.

The UHNW world is jolted by unwanted offshore disclosures and prominent executives are finding themselves in an uncomfortable spotlight.

Regulators want advisors' social media addresses to help them identify audit targets, one expert says.