State insurance regulators in a court brief on Monday said a powerful U.S. council made up of the heads of all the federal financial regulatory agencies disregarded their work when it designated of MetLife Inc. as "too big to fail."

(Bloomberg Gadfly) -- The Department of Labor rocked the brokerage world several months ago when it decreed that brokers must – horror of horrors – put their clients’ interests ahead of their own...

Mark Lopez at the 2008 Olympics. | Copyright Clive Rose, Getty Images What does an Olympian do once they're done competing? Some turn to the wealth management industry. According to Reuters, UBS Wealth Management Americas, Merrill Lynch and Mo...

(Bloomberg) -- Apollo Global Management LLC will pay $52.7 million to settle allegations that it made misleading disclosures about fees and didn’t prevent a senior partner from charging personal expenses to clients, becoming the latest...

(Bloomberg) -- Like many Americans, Ken Winterhalter wants the financial industry to pay for its past recklessness. His favored punishment, however, isn’t jail time for CEOs or bigger corporate fines...

Where millionaires are a dime a dozen. | Copyright Darren McCollester, Getty Images Nine of the 10 colleges that produce the most millionaire alumni are in the United States, led by Harvard University, according to a WealthInsight survey, Forb...