Allen Holeman "willfully failed to amend" U4 forms to disclose tax liens as required, according to the regulator.

LPL touts its size and scale as a plus to attract advisors, but the company's heft can also work against it, consultants say.

U.S. banks operating in the U.K. may have to deal with new sets of financial regulations — a process that will take time and create more uncertainty.

Meanwhile, the SEC hints that more actions could follow the $425 million in penalties levied against the brokerage firm.

Enforcement actions at the SEC and FINRA highlight emphasis regulators are placing on fees and reverse churning, anti-money laundering programs and variable annuities.

Wells Fargo, Morgan Stanley, Bank of America and J.P. Morgan Chase were among the dissenters, people familiar with the matter said.

To attract new clients—and keep current ones — planners need to step up their game. Here’s how new digital tools can help.

The wirehouse was hit with sanctions from the SEC and FINRA for disregarding securities rules, misusing clients’ cash and not disclosing product costs.

Regulators say ETFs, mutual funds and other investment vehicles should be subject to additional oversight to ensure that managers can sell assets to meet investors’ demands during volatile markets.

The Financial Stability Board concludes that an abrupt exit from the junk bond market won't hit ETF investors the hardest.

The SEC found that auditing or testing would likely have revealed deficiencies in controls that allowed an employee access to client information at the wirehouse, says leading compliance expert Alan Foxman.

Ash Narayan "secretly siphon[ed] millions of dollars from accounts he managed for professional athletes," the SEC alleged.

The firm is accused of negligence, breach of contract and other misconduct, according to a copy of the award.

An arbitration panel ruled that the firm had failed to properly supervise the adviser.

Our latest Industry Leadership Forum produced more questions than answers, but many participants expected changes in adviser compensation.

The strategy raises tricky tax reporting and regulatory questions.

Executives from the Alternative and Direct Investment Securities Association discuss challenges the nontraded REIT industry faces in light of the DoL's newly introduced fiduciary rule.

The heavy buying in the ETF continued on Thursday, with two trades worth a combined $57 million.

"I expect a seismic change as product manufacturers will have to adapt to the new rule," says NextCapital's Rob Forreger.

The broker allegedly talked clients into investing $115,000 in a technology startup where his friend worked as a computer programmer.