Law and regulation

NYSE has hired Vanguard veteran Doug Yones to oversee exchange-traded products.

The self-regulatory organization plans an internal and external search to replace the industry veteran.

Attorney Alan J. Foxman answers readers most pressing regulatory and compliance questions, including one advisor who's making a move and wondering what data can information can go with him.

Some of the biggest computerized-trading firms are facing obstacles as they try to move into interest-rate swaps.

Edward Jones and four other firms were sanctioned by FINRA for overcharging some clients on mutual fund sales.

Paul O'Neil received the lifetime achievement award this year for his deep career in the mutual fund industry as well as for his nearly four decades of work with NICSA.

Fidelity "served as a haven from regulatory oversight as it ignored blatant unregistered investment advisory activity,” according to Massachusetts' top securities regulator.

Industry executives and innovative firms will be recognized for their contributions to the asset management industry at the 13th annual NICSA/NOVA Awards on Oct. 29 in Boston.

Secretary of Labor Thomas Perez said staff members have industry experience, in response to recent criticism, and emphasized that the department has been actively engaging and listening to critics as well as supporters of its proposed fiduciary rule.

The rep was expelled for failing to cooperate with a FINRA investigation into allegations that she misappropriated funds from a retail bank customer's account.

The widespread adoption of online and mobile banking has largely happened at a time when rates have been near zero. At some point, rates will rise and the value of the experience will be pitted against the value of a yield for depositors.

Three years ago, Massachusetts-based RIA First National added an asset management unit to its $375 million wealth management business with a little more than $1 million in out-of-pocket assets to get the firm's tactical ETF strategy off the ground.

State Street said it’s firing 600 employees globally to accelerate cost reductions after the stock market slump will probably make its goal for fee revenue growth unattainable this year.

Instead of investing his clients' funds, Michael Donnelly used the money to pay for his own rent, car payments, golf club membership dues and his children’s private school tuition, the SEC said.

The German bank has faced questions and criticism in recent years about its internal controls.

Bankers are increasingly concerned that an optional cybersecurity assessment tool released by regulators this summer could soon become mandatory.

When performing due diligence, retirement plan fiduciaries must be aware of new SEC rules for the money market funds included in their 401(k) investment lineups.

The chief executive of the self-regulatory organization urges against duplicating regulatory efforts, and adds that big data will soon define how regulators operate.

Despite assurances from industry regulator that it's shelved the campaign to take over advisor exams, some officials worry the RIA sector is "one crisis away" from a new and adverse regulatory regime.

Santander is the latest firm to get hit with regulatory penalties related to the sale of Puerto Rican municipal bonds and close-end funds.