The robo "threat" may work itself out, says one expert, but that could take a long time. Plus, it's not the only pressure bank advisors are facing. We'll offer more details on these demands in the days to come.

FINRA's system for ensuring the integrity of advisors’ BrokerCheck records is broken but can be fixed, securities lawyers and other experts say.

Despite a ban, firms still offer clients money to not fight brokers' bids to purge their public records, lawyers say.

The dispute reflects a growing strain on the protocol as many firms are moving to set stricter in-house rules.

Two planners were barred from the industry for allegedly employing "deceptive, fraudulent and manipulative devices and schemes," while another had converted, or taken, funds from a client's estate and trust.

The advisor and portfolio manager argued that because Barclays failed to live up to its promises he should be relieved of any obligation to repay the signing bonus he received.

The firm fleeced customers of roughly $8.6 million by allowing more than 6,100 unsuitable mutual fund switches to occur over a five-year period, FINRA said.

The Federal Reserve is looking for advice and insight into how it might improve its annual stress testing regime, but banks and industry observers say the central bank is unlikely to touch the aspect of the tests that bothers them most: its secrecy.

The Federal Reserve is looking for advice and insight into how it might improve its annual stress testing regime, but banks and industry observers say the central bank is unlikely to touch the aspect of the tests that bothers them most: its secrecy.

Anthony Percora, a former SEC attorney, will develop all policies and procedures related to the firm's compliance program.

The bank agreed to settle investor claims that it hid from them as much as $6.2 billion in losses caused by a trader dubbed the London Whale.

The SEC says an advisor with Wells Fargo's FiNet used client funds to help inflate the price of several stocks.

Undaunted by the failure of a rider to the federal budget bill, the new legislative initiatives will try to once again strangle the Labor Department fiduciary proposal.

Fired adviser Johnny Burris complained the firm forced him to sell unsuitable products to clients, long before it acknowledged to the SEC it “violated the federal securities laws.”

The fraudster swindled nine Fidelity customers out of more than $1 million over a seven-year period.

Plan sponsors need to be aware of what will happen to 401(k) plan loans now that rates have gone up.

Avenue Credit Strategies Fund, a high-yield fund run by Marc Lasry’s Avenue Capital Management, put about 45% of its portfolio into cash earlier this week.

Tammy Petersen will be on federal probation for three years and will have to complete 200 hours of community service for embezzling more than $118,000 from Bank of America customer accounts.

State Street said it incorrectly invoiced at least $200 million in asset servicing expenses to clients over a period of 18 years and will compensate customers.

After losing dozens of advisors who managed billions in client assets to UBS, scorned Credit Suisse strikes back with legal challenge.