Black employees at the firm say lucrative client accounts were often steered toward financial advisers who weren’t black.

While clients have only pulled a net 2% of assets so far,some have predicted the industry would shrink by roughly a quarter over the next year.

How the new regulation will affect a planner’s advice.

Critics say the regulation's costs and hurdles will hurt advisers. But there's another side to the story.

The brokerage firm processed a number of securities transactions that facilitated conversions of foreign currency from or into U.S. dollars, FINRA claimed.

The adviser had been employed with the firm for seven years prior to her dismissal, and had no disclosures on her BrokerCheck record.

Charles J. Dushek allegedly made trades without designating in advance whether he was trading personal money or client assets.

The industry's trajectory is being permanently altered. Here's why.

The regulator said "significant deficiencies" affected hundreds of millions of records.

The firm was accused of using transactions with an affiliate to reduce the amount it was required to keep in its customer reserve account.

Millions in clients' funds was steered into a sports ticketing business.

The former federal prosecutor is the president-elect's pick after vetting a handful of candidates, said a person with knowledge of the matter.

The reductions cover six of the firm's 17 multifactor offerings.

Dan Moisand's firm joins the Institute for the Fiduciary Standard's new listing. Moisand is a former CFP Board official and ex-president of the FPA.

Her proposal to expand a probe into possible sales abuses was met by resistance from an executive who didn’t want to alienate the bank.

Since 2014, the bank has culled 17,000 clients as tougher capital rules make dealing with many smaller firms less profitable.

"I lose years of my life. They can settle, write a check and move on," says an adviser whose book of business dropped by $40 million after he alleges he was wrongfully terminated.

The allegations come a year after the firm paid over $300 million to resolve regulators' claims that it failed to tell wealthy clients it was steering them into its own funds.

Will Chief District Judge Barbara Lynn be the first to rule against the regulation? Opponents of a case in Texas federal court have high hopes.

The bank may be on the hook for hundreds of millions of dollars in tax penalties, lawyers say.