The bill includes a provision repealing the Department of Labor's fiduciary rule, which is currently set to go into effect June 9.

The Chartered Financial Analyst accreditation is seen as the gold standard for everyone wealth advisors to Wall Street analysts.

President Donald Trump has still yet to nominate two more commissioners to fill-out the five-member SEC panel.

Vanguard CEO Bill McNabb said Morgan Stanley had decided to stop selling its mutual funds because it wants "to be compensated for being on their platform in one way or another, and that's something we just won't do."

Over the decades, active mutual funds have gotten fat on big fees, investor ignorance and a rising market that let people overlook the costs. That era is over.

AllianceBernstein just lost a chief executive with the guts to tell a proud industry what it must do to be competitive.

That may change if another London Whale or Wells Fargo fake account scandal emerges.

By the numbers.

Clients are using tax refunds to pay down debt, not invest; Ameriprise gains team from Wells Fargo and MainSource Banks acquires Indiana investment firm.