DoL

While academics and supporters of the "retirement security rule" proposal say the administration's numbers are valid, critics reject them. Here's what we know.

Banks and other financial firms say the proposal to reverse restrictions on investment advisers does not go far enough. Meanwhile, investor advocates say it would loosen necessary protections.

A closer look at a new plan from the Department of Labor still finds room for improvement, but is generally seen as markedly better than Obama-era rule that was rejected at the last minute.

Credit union trade groups opposed a previous version of the rule, which impacted about four times as many workers as the current iteration.

Wells may have settled with former employee Claudia Ponce de Leon because it wanted to avoid the "massive exposure" of a jury trial, an expert says. It is unclear how the agreement will affect Wells’ other cases.

The branch manager was terminated after she reported conduct by at least three private bankers working under her that she believed to be bank, wire and mail fraud.

"There is an added sense of urgency now," says Barbara Roper, director of investor protection at the Consumer Federation of America.