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.

Sanjay Valvani was one of four people accused of insider trading and reaping more than $32 million from trades in drug companies using secret tips, according to federal prosecutors.

How investors' fear of stock market turmoil may be shaping the future of certain ETFs.

In contentious Senate testimony, White fended off accusations that the regulatory body has dragged its feet. Again, she did not offer a timeline for implementing a fiduciary rule from the SEC.

Robert Cook, an attorney and former SEC director, will have to help the regulator navigate complicated matters , from calls for an industrywide fiduciary standard to heightened congressional scrutiny.

Some advisers may think the regulations won’t affect them. Here’s why they’re wrong.

Worthy ideas debated on the fiduciary rule, retirement prep and annuities.

“There are so many business models offering financial advice, it’s almost impossible for a layperson to distinguish between advice and sales,” a panelist says.

Perspectives on the state of asset management from industry leaders and experts.

The firm allegedly settled a dispute with two customers on the condition that they would not oppose efforts to expunge the details of the dispute from the Central Registration Depository system.

Robert W. Cook will replace Richard Ketchum, who announced his retirement last year.