Bad financial advisors--criminal ones--scammed and conned their way to jail, leaving many investors penniless and angry. Here is the rogues' gallery of the 12 worst advisors in 2015.

W. Thomas Reeder Jr. was confirmed as the next director of the Pension Benefit Guaranty Corp by a voice vote in the Senate.

A new coalition of financial advisors who oppose the DOL's proposed fiduciary rule claim that it will limit retirement plan participants to seeking advice through robo-advisors.

Ben Nelson, the chief executive officer of the National Association of Insurance Commissioners (NAIC), will give up that job at the end of January, when his contract expires, the group announced.