The regulator sanctioned the brokerage firm for supervisory failures that stretched over a nearly two year period.

Since last year's rout, exchanges, issuers of exchange-traded products and other market players have met to discuss improvements.

Former Philadelphia Eagles player Merrill Robertson Jr. funded "luxurious" lifestyle with life savings of football coaches, complaint says.

Arbitrators for the regulator also awarded an expungement to Dale Cebert, who claimed a campaign to damage his reputation followed his termination from the wirehouse.

Independent advisers need to redefine their service to factor in the intrinsic values they bring to clients, says TD Ameritrade Institutional President Tom Nally.

One of the alleged fraudsters used client funds to pay off gambling debts, according to authorities.

The Wall Street regulator says the firm repeatedly ignored red flags for years.

The advice environment for participant rollover choices is muddled as plan providers struggle to gear up for the DOL’s rule.

Here’s a self-assessment exercise to help you determine where you are on the path to professionalism.

The new regulations are adding more pain to funds that have been plagued by seven years of the Fed's zero interest-rate policy.

"I think the DoL rule has a disproportionate impact on the independent business, and that affected our decision-making," says Ron Kruszewski.

Uncertainty still surrounding the fiduciary rule is one reason why advisors say they are not committing to specific upgrades just yet.

Active asset managers such as GAM are facing higher regulatory costs and the growing popularity of low-cost ETFs that passively track markets.

George Merhoff poured his clients' portfolios into a handful of energy stocks that plummeted in value, ex-clients allege in arbitration cases.

The broker allegedly swiped $1,035 from the bank by using a fee-rebate system to wrongfully move funds into his checking and savings accounts.

The hedge fund's legal woes, however, have taken a toll on the company's stock, which has fallen about 71% in the past year.

Equities and currencies are extending two months of gains after a report showed U.S. gross domestic product grew at less than half the pace forecast by analysts.

The adviser allegedly placed more than 700 trades over three years, giving the client "little to no possibility" for a profit, the regulator says.

Luis Aguilar also weighs in on arbitration and SEC oversight of FINRA.

Although markets were jolted by The UK’s vote to leave the European Union, one asset manager says it was a good test.