Robo-adviser platforms are coming under the gun again as the latest tech advances attract increased scrutiny from regulators and raise concerns about the possibility of conflicts. New tools, like artificial intelligence and predictive analytics, have helped robo-advisers better manage money ...

Municipal bonds are a murky area when it comes to ESG reporting, and the Municipal Securities Rulemaking Board, or MSRB, is considering changes to make them clearer. The self-regulatory organization recently received nearly 50 comment letters addressing that issue from ...

Allison Herren Lee said she plans to step down as a commissioner at the Securities and Exchange Commission, creating a second vacancy atop Wall Street’s main regulator. Lee, a Democrat, will stay at the watchdog until President Joe Biden names ...

Public companies should not be able to cut corners on their emissions reporting, a group of 75 investment managers and sustainability firms have said in a letter to the Securities and Exchange Commission (SEC). The group, led by As You ...

When a new regulation that overhauls how investment advisers can market themselves goes into force in November, the SEC doesn’t intend to pounce immediately on suspected compliance lapses, an agency official said last week. The Securities and Exchange Commission approved ...

Citigroup Inc. joined the list of banks being investigated over employee communications using unauthorized messaging services. The Securities and Exchange Commission is probing Citigroup Global Markets Inc. “and other firms regarding compliance with record-keeping obligations for broker-dealers and investment advisers ...

Goldman Sachs Group Inc. became the latest bank to be investigated over employee communications over unapproved messaging services. New York-based Goldman is cooperating with the Securities and Exchange Commission and producing documents related to a probe into “compliance with records ...

HSBC Holdings Plc is being investigated by U.S. regulators over bankers’ misuse of services such as WhatsApp. The London-based bank is co-operating with the Commodity Futures Trading Commission probe into the use of “non-HSBC approved messaging platforms for business communications,” ...

As the Securities and Exchange Commission prepares to overhaul its climate disclosure rule for issuers, industry groups are asking the regulator to keep Scope 3 emissions out of the picture for now. However, those same groups also concede their request ...

Financial advisers’ clients are clamoring for crypto assets, while brokers and advisers are trying to figure out how this nascent asset class fits, if at all, into their investment and retirement portfolios. That hurried, confused ardor for cryptocurrencies and digital ...