“How can you expect companies to do the right thing when your agency has not?” U.S. Sen. Sherrod Brown asked.

Ron Carson rebrands, SunTrust expands to New York City, and your form ADV needs to have social media links.

Poorly designed policies and procedures resulted in thousands of dollars' worth of non-traded REITs being sold to unwitting clients.

The SEC said it had charged SunTrust for "improperly recommending more expensive share classes of various mutual funds when cheaper shares of the same funds were available."

Brian Ourand stole approximately $1 million from professional athletes, including Mike Tyson, Dikembe Mutombo, and Glen Rice.

The self-regulatory organization has recently changed its policy to allow people to access bulk data on firms, said FINRA President and CEO Robert Cook.

“I wish more of my colleagues and more elected officials, quite frankly, have signed not just the back of a paycheck, but maybe the front of one,” Rep. Ann Wagner said.

Luis Aguilar, former commissioner at the Securities and Exchange Commission, expects the agency to move on a fiduciary standard, especially if the DOL rule stays in place.

"I am not comfortable that the American investing public understands the substantial risks that we face systemically from cyber issues," SEC Chairman Jay Clayton said.

The department said it would not bring claims against advisors or firms who fail to comply with the private-right-of-action portion of the best-interest contract exemption of the fiduciary rule.