A lack of uniform classifications and an identity crisis at the heart of the fragmented industry makes it a thorny task.

Some of the industry's largest firms and toughest critics weighed in on the vexing fragmentation that’s growing alongside the trillions in AUM.

Form CRS was supposed to clear things up, but it’s made things worse, a fiduciary critic says.

Doug Elstun catered to NBA and NFL sports stars, many of whom may not have known about his confidential client settlements outside of FINRA.

An in-depth look at the provisions being considered for the new legislation.

The market will separate out those who best take care of their customers.

Coinbase Global is bowing to pressure from U.S. regulators and tabling plans to launch a product that would pay users interest for lending out their tokens.

The XY Planning Network of fee-only advisors and investment advisor Michael Kitces say consumers are being deceived when brokers use labels like “wealth manager” and “financial advisor.”

The firm also agreed to an independent compliance review and an overhaul of its social media policies.

The firm cited investor appetite for virtual currencies, the growth of Bitcoin holders and the existence of similar funds abroad as reasons to approve the product.

Elizabeth Warren wants the Federal Reserve to break up Wells Fargo. That is sort of funny and silly in equal measures.

Elizabeth Warren asked the Federal Reserve this week to force the spinoff of the bank’s nonbanking operations. Wells, which was recently hit with another $250 million fine, countered that it has made significant progress in improving its risk management and addressing misconduct.

The bipartisan infrastructure bill includes requirements for brokers to report their customers’ cryptocurrency gains to the Internal Revenue Service, but exactly what constitutes a broker is stirring controversy.

MML Investors Services allegedly breached its fiduciary duty in the same way that the regulator has alleged that more than 100 other firms have in recent years.

The Salt Lake City broker-dealer, under scrutiny by regulators over its exorbitant fees and seizure of client money, lost a court battle seeking to force regulator FINRA to deal with it in person.

The regulator filed a Wells notice, riling the CEO of the country's largest cryptocurrency exchange.

The securities lawyer and former NASD regional attorney explains why cases can be so hard to detect and what the industry can do to help.

A nearly century-old system designed to protect consumers is about to be left behind.

It's the second time in a year that the SEC has scrutinized green and socially conscious labels.

Brokerages that want to hire someone with a checkered past have to undergo a “consultation” with the watchdog and may have to try to renew their memberships.