An ex-Woodbury Financial advisor faces 10 felony counts as the industry and regulators keep working on getting better at detecting and preventing scams.

The settlement of a gender-based discrimination case against Citi and concerns about a secret agreement between FINRA and Wells Fargo to manipulate the arbitrator selection process are just two developments that have wealth managers on alert.

Reformers and supporters of the existing system are already lining up on either side of the fight as the regulator follows up on its pledges to pursue changes.

Securities arbitration experts say the Investor Justice Act would represent the SEC's first recurring grants for free counsel that's sorely missing.

The regulator provided a detailed listing of practices subject to tougher client-care standards for disclosure or outright elimination.

Two Securities America brokers and their firm must pay the large award after a case that leaves many unanswered questions.

A Mexican-American couple who sought safety and diversification north of the border say they found fraud, negligent supervision and concealment.

After Bernie Madoff's infamous Ponzi scheme, Congress formed a whistleblower program to prevent future scams. Now critics say the program itself has become "secretive and out of control."

New research from Moody’s Analytics finds that the number of ESG-related controversies is on the rise.

Alongside other firms recently disclosing major regulatory cases, the Swiss bank is cooperating with an investigation by the SEC and CFTC.

The RIA’s customers didn’t receive adequate explanation of its conflicts of interest from no-transaction-fee mutual funds, the regulator says.

Enforcement Director Gurbir Grewal said the answer to the question of whether the rule has changed anything “remains to be seen.”

The guidelines can help planners with charitably minded clients steer clear of compliance thickets and run-ins with the IRS.

A look at the biggest regulations, legislation and court cases in the field from the first half of the year.

‘Equi-vest’ account statements sent to a million public school teachers and other 403(b) and 457(b) clients were missing nearly all of the expenses, the regulator says.

Even if rules governing the new assets turn out to be at odds with those of firms, acting today will foster a compliance culture in a volatile financial services space.

Regulators are reportedly charging Morgan Stanley and four other firms a collective $1 billion over their employees' use of unauthorized messaging apps.

Joshua David Nicholas adds federal charges to a long list of fines, citations and ejections from the industry.

Capital gains distributions running to the hundreds of thousands of dollars hit certain clients with painful payments due to the firm's flub, a regulator says.

Commissioner Hester Peirce said an enforcement matter relating to a million-dollar fraud case fits a “sound” framework for charging compliance officers.