Policy & Regulation

A number of class-action lawsuits allege that investment advisers breached fiduciary duty by failing to recommend the least expensive products. But both trust law and investment theory acknowledge that responsible advisers take other factors into consideration.

Bank of the Orient in San Francisco has received a federal cease-and-desist order because of shortcomings in its compliance with anti-money-laundering rules.

The case against Adrian Rubin offers a tour through lenders' efforts, dating back to the late 1990s, to avoid state-by-state interest-rate caps.

Just as U.S. regulators shy from labeling individual asset management firms as systemic, an international group of securities regulators is similarly abandoning a firm-by-firm approach.

New Jersey will soon have a new banking commissioner.

Risk-based premiums should apply to big banks as well as small ones. That's because the assessment would have an immediate impact on big banks' quarterly profits, thereby appropriately charging them for the competitive advantage and privilege afforded by their size.

A top official who handles employee discrimination complaints at the Consumer Financial Protection Bureau is among the "whistle-blower" testifying before Congress on Thursday.

Congress should avoid becoming so focused on the problems with big banks that they overlook the community lenders suffering from a lack of regulatory relief.

The powerful Consumer Financial Protection Bureau is helping to reshape mortgage and payday lending, but its attempts to curb abuses in auto lending have been largely stymied by the clout of car dealers and the fragmented nature of auto finance.

Regulators finalized a rule Monday requiring banks to escrow flood insurance premiums and fees for loans on real estate located in a flood zone.