Less than 4 percent of firms oversee 60 percent of all assets in the channel.

He will continue the Fed's policy of stepping back from unconventional monetary policies.

The San Diego-based broker/dealer has recruited 10 offices with $2 billion in client assets from National Planning Corporation.

The rule, if approved by OMB, would delay the Jan. 1 applicability date of the fiduciary rule until July 1, 2019.

Jennifer Sharkey claims JPMorgan Chase violated whistle-blower protections in the 2002 Sarbanes-Oxley Act and is seeking back pay, compensation for her emotional distress and reinstatement to her job.

“We are getting close to the end of the restructuring,” Credit Suisse CEO TidjaneThiam said. “We think the plan is working very well -- so why change?”

Sallie Krawcheck’s dos and don’ts for young women, Woodbury Financial adds Tenacity Advisory Group and a Utah financial advisor pleads guilty to fraud.