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.

The legal setback for the rule's foes still leaves three ongoing court challenges, as well as an uncertain future after Trump takes office.

The regulator is concerned that Wells Fargo did not follow proper procedures in notifying former reps of their U5 filings and that the information contained in them was not correct.

The fund's manager, who was 11 years old when Vanguard began offering the fund in 1986, tracks the performance of more than 10,000 securities.

From regulators to technology providers to CEOs, these are the players who will remake wealth management in 2017.

Ex-RIA Richard G. Cody gave false reports to retirees for more than a decade, the SEC says. Many lost most of their life savings.

Stress-testing under a scenario that includes severe corporate defaults and sharp declines in U.S. equity could reduce security risks, according to the report.

The metal has tumbled in the past month, partly on anticipation of the decision as well as a surge in U.S. equities since the election of Donald Trump as president.

Advisers and experts offer insights about the changes and issues the industry will face next year.

Advisers "have to adapt to a new America," says TD Ameritrade Institutional President Tom Nally.

With a close watch on the policies from incoming President-elect Donald Trump, industry leaders and analysts share their predictions for industry trends in 2017.

The lawsuit alleges that Muirfield President Geoffrey Stern exposed Highland to "public hatred, ridicule and disgrace."

The regulator was looking into allegations that he structured transactions in his personal bank account to avoid federal reporting requirements.

Despite expected industry constriction, a number of leaders see opportunities in employing technology, innovative products and even strategy toward regulation.

Former Department of Labor officials allege systemic breakdown of whistleblower protection; two also handled Wells Fargo cases that went nowhere.

The president-elect's nominee will help decide the fate of the department's fiduciary rule.

The industry trade group is also calling on regulators to harmonize existing rules.

The model for financial advice "is primed and ready for change," says Cetera CEO Robert Moore.