Dodd-Frank will be leading to changes in the SEC's adviser exam program, according to Robert Stype, managing partner at ACA Compliance Group.
The U.S. Labor Department sued four investment firms for allegedly failing to examine swindler Bernard Madoff's business practices before entrusting him with hundreds of millions of dollars in pension funds.
Index specialist's cheaper funds gaining fast on BlackRock, State Street; 'hard pill to swallow'
In the clash of the two largest U.S. brokerages, Bank of America Merrill Lynch is generating more profit with fewer people than Morgan Stanley Smith Barney LLC.
Leaders of a presidential deficit commission recommend the elimination of all tax breaks for retirement, life insurance and employer-sponsored health care plans in their final report, which was released Wednesday and will be voted on by the full panel Friday morning.
Bill Gross, who runs the world's biggest bond fund at Pacific Investment Management Co., cut holdings of government-related debt and bought more mortgages in September.
A New York man received five years' probation for defrauding his customers of more than $66 million they thought was invested in the foreign-exchange market and instead was spent on art and an Aston Martin car.
The House of Representatives approved on Thursday a bill that would permanently extend Bush administration tax cuts for the middle class but allow rates for wealthier taxpayers to increase.
Elizabeth Warren says that a new consumer protection agency must go big or go home.
The global financial markets are still trying to regain some stable footing following the $116 billion bailout of some of Ireland's largest banks.
