Compliance

The Financial Planning Association (FPA) argues that the Securities and Exchange Commission (SEC), rather than the Financial Industry Regulatory Authority (FINRA), should regulate financial planning activity.

UBS AG agreed to provide 4,450 names of U.S. account holders to settle a tax-evasion lawsuit, according to news reports.

A New York-based law firm has launched two company stock fund investigations.

A settlement has been proposed in a class-action lawsuit involving Wal-Mart’s 401(k) and profit-sharing plans.

JPMorgan Chase & Co. has successfully convinced a federal judge that a former employee should be barred from moving forward with allegations about the company’s cash balance conversion.

The U.S. Department of Labor has sued defunct Vinyl-Mark Products Inc. of Hueytown, Alabama, and the company's pension and profit-sharing plan trustees for allegedly misusing plan assets to...

The Securities and Exchange Commission (SEC) fined AXA Advisors $50,000 related to retirement-fund fraud by a registered representative.

Leveraged exchange-traded-funds (ETFs) have caught the attention of regulators, and now law firms have noticed the products as well.

A judge has put the brakes on Bank of America’s $33-million settlement with the Securities and Exchange Commission (SEC).

QVC said it continues to investigate alleged irregularities regarding employee 401(k) hardship withdrawals at its Rocky Mount, North Carolina, distribution center.

The 3rd U.S. Circuit Court of Appeals has ruled that a plan administrator did not abuse its discretion in denying a disability retirement benefit payment to an employee...

In a speech before the New York City Bar Association, marking the end of his first 100 days as director of the Securities and Exchange Commission Division of...

Morgan Stanley Smith Barney (MSSB) became the latest wirehouse to put its foot down on exchange-traded funds (ETFs).

A federal judge considering a series of lawsuits against the failed Washington Mutual (WaMu) told lawyers that she will likely decide on initial motions to dismiss the cases...

The Financial Industry Regulatory Authority (FINRA) has fined Ameritas Investment Corp. $100,000 and suspended and fined one of its brokers for inducing customers to take on additional home...

The chief U.S. securities regulator is now advocating that the U.S Securities and Exchange Commission (SEC) should be funded directly from industry fees.

Securities lawyers were not quite as busy during the second quarter of 2009 as lawsuits plummeted from 221 during the first quarter to 140, according to Advisen’s Master...

The Securities and Exchange Commission (SEC) today charged Bank of America Corporation (BofA) for misleading investors about billions of dollars in bonuses paid to Merrill Lynch & Co....

The Department of Labor (DoL) has said its Form 5500 transition relief for 403(b) plans applies to years beyond the 2009 plan year.

Among other things, the Securities and Exchange Commission (SEC) plans to explore the definition of fiduciary duties of financial intermediaries.