Regulation & Compliance

James Arthur McDonald Jr. appears to be on the lam as he faces as much as 20 years in prison for allegedly defrauding investors, according to the Justice Department. The SEC also filed a complaint against the California-based advisor and frequent...

Wall Street has been on edge since SEC Chair Gary Gensler signaled last year that the agency may outlaw payment for order flow during its equities rules overhaul.

Some tips to help advisors stay compliant and avoid big fines.

The seven advisors collectively had about $1.2 billion in managed assets, according to the Wells Fargo Advisors' suit against former in-house counsel Steven Satter, who joined his colleagues at the independent firm.

Making the Federal Reserve the “dealer of last resort” would help ensure smooth trading during times of extreme stress.

Shawn Everett Good faces up to 30 years in prison after pleading guilty to charges of wire fraud and money laundering, according to the Department of Justice.

For weeks, federal regulators have been been peppering Goldman management with questions and follow-ups regarding its online-banking platform aimed at retail customers.