The accusations shed light on the massive back-office systems maintained by regulators and the difficulty of keeping the sensitive information in them private.

More than a decade ago, bankers fought Walmart tooth and nail as it made forays into banking. But with Amazon making more moves into financial services, the reaction is very different.

Instead of harmonizing standards of client care across the industry, it may be better to re-differentiate them in light of the fiduciary rule's recent court loss.

Compliance experts stress the importance of working out a game plan for how to handle an exam before the feds come knocking.

The two IBDs have agreed to pay restitution in one of the largest securities fraud cases in the advisor’s home state.

The bank sometimes ignored the advice of its own diligence vendors in packaging and selling loans.

To protect their practice, advisors should know the answers to several critical questions about how vendors use and safeguard their data.

The trade group cautions that the SEC could outsource advisor oversight due to low examination rates.

After a federal appeals court strikes down the fiduciary rule, a legal path forward seems uncertain, but the regulation has already made its mark.

Borrowers can still use the allowance as long as it’s for home improvements.

Although funded with after tax dollars, what clients owe will be lower than the liability on traditional IRA withdrawals in retirement.

The organization awarded millions to firm insiders that provided information in a 2016 case against BofA.

Merrill Lynch, UBS and others made considerable alterations to policies and procedures in order to be compliant with the Labor Department regulation.

Even after a federal appeals court struck down the rule, more clashes over the regulation of sales versus advice are inevitable.

Ross Gerber says he left the firm to avoid its strict oversight of his press interviews and social media.

The $11 billion hedge fund is accused of operating like a “boys’ club” where women were paid less than their male counterparts.

Seniors should consider designating joint agents, reviewing the security features on their financial accounts, and having their names removed from credit card solicitations.

Industry insiders see the agency proceeding with its rule to harmonize standards for brokers and advisors.

The FBI has reportedly interviewed employees at the bank’s wealth management unit.

The Department of Labor has an incentive to defend its rule-making authority even though it is considering revisions to the regulation.