Regulatory actions and programs

A financial advisor at another firm says he was promised a lower mortgage rate at Bank of America if he deposited money into his Merrill Edge account.

Firms can expect scrutiny of their compliance with the regulator's Custody Rule, compensation and account placement.

Between the SEC's proposed Regulation Best Interest and developing state rules, advisors and brokers may have their hands full.

A handful of states are pushing their own advisor regulations, potentially setting up a legal showdown.

The senator’s presidential ambitions are becoming another headache for the Wells Fargo CEO.

The move follows calls for reform. Banned brokers, acting in lieu of attorneys, have made a living for decades representing investors.

The SEC is running on a skeleton crew that effectively halts routine oversight.

The regulator accuses her of misconduct; she says the agency is doing Morgan Stanley’s bidding.

Tim Sloan is finishing a year in which the Federal Reserve told the bank to stop growing, scandals emerged in more divisions, and the stock tumbled 25%.

The alleged supervisory lapses occurred over a five-year period, according to the regulator.

The regulator details numerous (and familiar) compliance failures in its annual summary of exam findings.

Why new rules won’t necessarily prevent bad behavior.

Like everything else on Wall Street, this dispute is about the bottom line.

The case involves allegations of improper use of the 83-year-old investment bank’s trademark and name.

The cases are among a series of such obstacles UBS has faced since the start of the financial crisis, including a $1.5 billion fine in 2012 for rigging the Libor benchmark.

There are good reasons to worry that brokers are unfairly maligned.

FINRA says the firm did not disclose necessary client issues or hacking attempts.

A lawsuit filed by an ex-client was granted class action status after the firm failed to keep the dispute out of court.

The settlement is the latest cost for Wells Fargo stemming from a phony accounts scandal that erupted in September 2016.

When two agencies are probing your firm, it doesn’t hurt to ask that they coordinate their efforts.