Morgan Stanley has recovered more than $7 million in a clawback case against a financial advisor who was barred from the industry after leaving the firm.

Ameriprise is far from alone in facing a lawsuit over its cash sweep rates: last year, suits were also filed against E*Trade and its parent company, Morgan Stanley, as well as Wells Fargo, Bank of ...

The CFTC charged Gemini in 2022 with making false and misleading statements in 2017 related to a Bitcoin futures contract that it was trying to launch, Reuters wrote. Gemini has agreed to a permanent ...

Dynasty Financial Partners announced that it has hired an executive from Raymond James to oversee advisor onboarding.

Walt Bettinger, who has been CEO of Charles Schwab for more than 16 years, announced he'd be stepping down at the end of 2024. The firm announced his role would be filled by its president, Rick ...

Credit Suisse, now part of UBS, knew about Nazi-linked accounts but never shared that information with investigators in the 1990s probe that led to a restitution payment of more than $1 billion to ...

The North American Securities Administrators Association 's proposal to restrict the use of the "advisor" title is facing pushback from the financial services industry while consumer and investor ...

With the SEC's follow-on proceeding against the Sztroms now in its 20th month, the Sztroms continue to operate as Sztrom Wealth Management and have been registered at Dallas-based Integrated Advisors ...

A suit filed in Ohio accuses Charles Schwab and the RIA Hamilton Capital Management of failing to prevent family members of depleting a retirement savings account. Charles Schwab & Co. is facing a ...

In addition, from February 2018 through June 2022, BofA submitted 57,000 reports to Trace that didn't include the required modifier used to indicate trades made as part of larger trading strategies ...

A Financial Industry Regulatory Authority arbitration panel has ordered Wells Fargo and one of its financial advisors to pay ...

Since rolling out in January last year as one of a dozen spot Bitcoin ETFs that the Securities and Exchange Commission ...