SEC Seeks to Scrap Best-Price Rule

The Securities and Exchange Commission said it wants to scrap a 2005 rule that calls for trading platforms to execute buy and sell orders at the best possible price.

Bankrupt Auto Financier PrimaLend Sued for Lending Fraud

Lawsuit alleges the auto-dealership lender acted as a conflicted adviser to offload its risk in a troubled $46 million auto-loan portfolio.

Charles Schwab Fires Latest Shot in ETF Fee War, Cutting Expenses to Near-Zero