Many financial services firms compete with Morgan Stanley in specific lines of business, but no competitor has the scale and synergy across all channels to match Morgan Stanley, Co-President and Head ...

Securities and Exchange Commission Acting Chair Mark Uyeda wants to delay oral arguments over the commission's climate-related disclosure rule as the agency reconsiders its approach to what he called ...

The industry's self-regulator fined James Iannazzo $50,000 and suspended him for two years for violating what one dissenting panel member said was a "catch-all" Finra rule.

Wells Fargo last announced its advisor count in January 2023, when it reported a total of 12,027 advisors and its first quarterly uptick in its advisor ranks since 2017. The bank thereafter ceased ...

Hightower Advisors has named Larry Restieri, the former head of Goldman Sachs ' private wealth management subsidiary, Ayco, its new chief executive officer. Restieri will take the reins of the firm ...

This approach "acknowledges that they're all free agents" and helps Raymond James "make decisions that keep the existing advisors happy, and therefore they stay at the firm and keep the clients at the ...

In the latest show of the current administration's cryptocurrency-friendly approach, the Securities and Exchange Commission and crypto exchange Binance, which the commission sued in 2023, have jointly ...

U.S. District Judge Frank Whitney denied the wirehouse's motion to vacate an arbitration award to Charles "Chip" Randall, who claimed that he was discharged from the firm in 2018 as part of an ...

The Commodity Futures Trading Commission 's acting chair, Caroline Pham, has removed the person who has been investigating her internally as well as the agency's chief financial officer, according to ...

Among the catalysts driving that growth are new federal rules requiring many plans set up since the end of 2022 to automatically enroll employees and contribute 3% to 10% of their salary into a 401 (k ...

TD announced on Monday that it's planning to sell its 184.7 million Schwab shares, worth about $15.4 billion, following a "strategic review" of its capital allocation, TD's newly appointed CEO Raymond ...

Republican Commissioner Mark Uyeda, tapped by Trump to lead the agency on an interim basis, addressed staff at the SEC's Washington headquarters on Jan. 29, a day after Trump sent a memo to all ...