Customers across the three banks have lost a combined $870 million since Zelle launched in 2017, regulators claim.

Morgan Stanley agreed to pay $15 million to settle allegations that it failed to prevent and detect theft committed by four of its former financial advisors, the Securities and Exchange Commission ...

America's largest bank, JPMorgan Chase, has just agreed ... in Bear Stearns mortgage-backed securities. Presumably, some of the New York State portion of the fines will be returned to investors.

A lack of supervision and internal controls at Morgan Stanley Smith Barney (MSSB) allowed four of its investment advisers to steal millions from customers before the behavior was detected, the SEC ...

On Friday it was reported that the Financial Industry Regulatory Authority (FINRA) fined J.P. Morgan ( JPM, Financial) ...

The SEC order states that MSSB failed to implement policies designed to prevent third-party ACH payments and certain wire transfers being used to misappropriate client advisory and brokerage accounts.

Morgan Stanley Smith Barney will pay a $15 million penalty to settle Securities and Exchange Commission that it failed to stop four of its dually registered investment advisor representatives from ...