CUSO Financial Services and Sorrento Pacific Financial have hired Tami Cain to boost their business.

At SIFMA's annual meeting, U.S. Sen. Tim Scott said there could be additional clarification on the opportunity zone regulations by the end of December.

Lisa Affolter and Christopher Dulovich join Waddell & Reed as affiliated advisors.

Peter Mallouk of Creative Planning, after years of growing organically, makes his third purchase so far this year, but says the firm will avoid going down the private-equity funded, roll-up path that other national RIAs are pursuing.

Edward Jones has lost an effort to prove a terminated advisor was soliciting clients in breach of his employment contract.

The Securities and Exchange Commission is seeking to bar Reginald Middleton from offering digital securities.

The NCAA has agreed to let student-athletes receive money for endorsements—but, without a playbook, this could turn out to be a major league problem.