Banker held liable for taking part in scheme to defraud investors.
Republicans assert bill would simply delay the new rule.
Jose Ramirez pleaded guilty to misusing credit lines to purchase securities.
SEC chairman says guiding principle should be: 'What would a reasonable investor expect?'
The well-recognized merits of passive investing do not mean that all index investments are prudent or superior to active alternatives in all situations.
Congressional panel holds hearings, but no action is expected this year.
Regulator's CEO says the agency has "extra cash in the till," referring to excess reserves to fill any shortfall.
Wirehouse will allow more advisers to manage retirement plan menus on a discretionary basis via a Bank of America chief investment office selection.
Current employees will be getting pay increases averaging 2.4%, which smaller boost than previous years
Firm will pay more than $8 million for mishandling 'pre-released' ADRs.
The two senators call on the Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau to remove Sloan from the bank's top job
The government's second reduction in the penalty threshold this year comes as 2017 tax overhaul leaves many with surprise tax bills.
Critics worry the regulator might be sending mixed messages about any dependence on fines.
Judge puts off approving a settlement related to bank's fake accounts, and Fed chairman Powell says Fed not ready to lift growth ban.
Firm is dealing with the fallout from a rogue broker it fired a year ago.
In some instances, there are as many as five regulators overseeing 401(k) plans.
Oakdale Wealth Management's James Daly and Michael O'Keeffe of Massachusetts may be fined and censured.
A second lawsuit has been filed alleging that the largest retirement plan record keeper received undisclosed kickbacks from mutual fund companies.
Former brokers bringing charges related to stock losses during financial crisis have had 15 cases proceed, 4 stopped so far.
RIA to pay $325,000 in penalties; former COO Grant Gardner Rogers fined $65,000
