Law and regulation

The bank is embroiled in consumer spats over unwanted car insurance, mortgage lending and overdraft fees.

Recent criminal charges parallel another case brought by the SEC against the broker.

Most advisors don’t have required safeguards in place, one expert says.

The move will likely be seen as a win by the opponents of the regulation.

William Michael Jordan, who co-founded a popular all-woman rideshare service in Southern California, agrees to industry bar.

A recent OCIE report shows that advisors are missing the mark on protecting their businesses against cyber threats.

Expected new chief for financial products is fueling speculation for more innovative funds.

The agency plans to split the award between just two people who reported the bank’s product-pushing tactics.

If it’s undertaken, the appeal case will not be completed before Banks is scheduled to begin serving his 4-year sentence next month.

"You're going to turn around," a federal judge instructed advisor Charles Banks, "and you're going to talk to all these people that you have caused pain for, face to face."

The former First Tennessee Bank adviser defrauded numerous customers to satisfy a gambling addiction that started when he was in college, according to court documents.

It allows more flexibility than some may think, according to executives from the two firms.

Approximately $4,500 was used to sponsor a cricket club via a shell company, authorities say.

The pro athlete met the adviser through his college business professor, authorities say.

Compliance may ring up some $2 billion in costs, restricting everything from research budgets to high-speed trading and dealing in wheat and oil.

Critics say the option to back out of trades can be misused, allowing some firms to glean the intentions of other participants.

The need for more sophistication in fund reporting is higher than ever.

Despite leading a business with more than $480 billion in AUM, the Wells Fargo Asset Management CEO admits she never had a grand plan for her career.

Analysis from a Symmetry Partners research executive questions whether higher risk really leads to higher returns.

There is "no principled legal basis" to do so, Labor Secretary Acosta says.