Commissioned by the U.S. House Committee on Appropriations, the study confirms views that mandatory arbitration agreements imposed by fiduciary-bound RIAs can unfairly limit clients' ability to seek legal remedies against wrongful actors.

Wells Fargo employees tipped off federal prosecutors last year that managers in the bank’s wealth-advisory units were conducting sham interviews to meet internal diversity mandates.

Defining the rules may lead to changes with charitable giving of digital assets.

The SEC said on Friday that Pimco failed to disclose key information to investors about how swaps could impact its PIMCO Global StocksPLUS & Income Fund between 2014 and 2016.

The US regulatory crackdown on crypto may create room for a different kind of token, something that banks can easily provide.

The SEC said it planned to propose requiring more robo advisors to register as money managers with the agency.

The commission's warnings are the first following the date firms were expected to be in compliance with the rules.

The SEC also filed charges against Douglas McKelvey, who was accused of stealing $1.7 million from the Morgan Stanley accounts of his mother and mother-in-law over a period of nearly 10 years.

The SEC claims Coinbase, the largest US crypto platform, evaded regulations by letting users trade numerous crypto tokens that were actually unregistered securities.