The change could alleviate firms’ recruiting worries that they must pay trainees to spend the first few months studying.

Authorities say increased regulatory coordination has boosted scrutiny of firms and advisors.

Chairman Jay Clayton says the regulator is drafting a rule proposal to harmonize standards for brokers and advisors.

Last year, the Democratic senator argued successfully for the termination of Sloan's predecessor as chief executive, John Stumpf.

What led Louis Martin Blazer III to cooperate with federal prosecutors?

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 storm devastated Puerto Rico, which has seen a surge of client complaints.

The president looks to fulfill a key promise from his campaign.

State examiners are finding more shortcomings. At the same time, advisors face bulked-up regulators probing more aspects of their practices.

Eaton Vance, Morgan Stanley and Putnam executives want to learn how new technology can be leveraged.

Saving too much for retirement could force clients to take loans or make withdrawals that would carry taxes and penalties.

Advisor Munish Sood is charged with fraud and bribery by FBI and U.S. Attorney.

The advisor targeted clients he obtained at Social Security seminars, according to prosecutors.

Asset managers are still guessing how clean shares will fare under the new regulation.

While the SEC does its due diligence into the new European rules, some of the world’s largest money managers have started to make independent decisions.

The wirehouse failed to properly supervise more than $33 billion worth of UIT transactions, according to FINRA.

The rep purportedly received an email from the impostor requesting that she sell securities to fund the wire request to a third-party in the United Kingdom.

The case marks the second one this month involving the newly acquired IBD.

New FINRA guidelines lay out the consequences.