Law and regulation

For the second straight year, tuition revenue will drop for about 30% of private universities, according to Moody's.

It may seem harmless, a client suggests about a plan to sell back an advisor's foreclosed property. Bad idea, says attorney Alan Foxman.

The former rep was barred last week for failing to cooperate with a FINRA investigation into allegations that he swiped $65,000 from a bank customer's account.

Advisors and firms will struggle with multiple and possibly conflicting standards should the Labor Department move forward with its fiduciary proposal, the industry group warned.

Some question whether the CFP’s election of fi360’s Blaine Aikin as 2017 chairman is beneficial or potentially harmful to constituents.

Critics say the new congressional efforts do not adequately address conflicts in the retirement sector, which they say must be eliminated or mitigated, not merely disclosed.

Janus Capital said the head of its fundamental fixed income unit, who oversaw an eight-fold increase in the firm’s bond assets over the past decade, is leaving.

J.P. Morgan’s asset-management division promoted James Peagam to head of global insurance solutions, an operation that oversees $78 billion of client funds.

Add retail customers to the list of groups raising concerns about possible high-pressure product-sales tactics at Wells Fargo; many of them are considering jumping ship in response, according to a new survey of customer attitudes at big banks. However, Wells' rivals shouldn't celebrate — they are at risk of losing customers, too, for a variety of reasons.

RCS Non-Executive Chairman Mark Auerbach says the decision to shut down its wholesale distribution business is "extremely difficult but necessary."

The publishing window for Form U5 disclosures will now be three days instead of 15; Changes take effect on Dec. 12.

The former rep was reprimanded for allegedly recommending municipal unit investment trusts to bank customers without understanding the risks and rewards of the products he touted.

Net issuance of U.S. notes and bonds will tumble 26% next year, according to estimates by primary dealers that are obligated to bid at Treasury debt auctions.

Three clever steps advisors can take to propel their firms forward.

The Federal Reserve said it’s setting tougher standards for examiners of the biggest U.S. banks, following criticism by lawmakers that the agency has been captured by the Wall Street firms it supervises.

Some privacy advocates worry that the Cybersecurity Information Sharing Act could do the opposite of what policymakers intended and flush more of consumers' sensitive information out into the open.

The former advisor swindled 22 clients out of their funds, telling them that they were investing in tax liens when he was really using the money to pay his bills, authorities claim.

Arizona Cardinals linebacker Dwight Freeney defeated a bid by Bank of America and its Merrill Lynch unit to dismiss, among others, fraud and negligent misrepresentation claims stemming from the bank's recruitment of him in 2010 to manage his assets.

Chief executives from BofA and PNC raised concerns about the conduct of data aggregators and particularly how well they protect customer data.

Founders are the biggest offenders when it comes to ignoring these procedures.