‘Messy’ Times Are Behind LPL, CEO Casady Says
"We have rounded a corner through our heavy investments," LPL CEO Mark Casady tells some 3,500 registered reps at the IBD's conference.
FINRA Issues Q&A on Recruiting Practices
Q&A guidance covers such areas as the format of the educational communication, “individualized contact,” delivery requirements and who qualifies as a former customer.
401(k) Lawsuit Accuses Morgan Stanley and Board of Self-Dealing
A former employee says Morgan Stanley knows exactly who should buy its worst performing funds: the bank’s own workers.
Facing Off: The 2016 Broker-Dealers of the Year
The leaders of the 2016 Broker-Dealers of the Year are ready to face the changes wrought by the DOL's fiduciary rule.
The Future of Robo-Advice
As broker-dealers and asset managers adopt robo technology, pure-play robo-advisors will morph into offerings that also offer a human touch.
DOL Rule: Is That All There Is?
The redefinition of the term “fiduciary” by the DOL was treated by some in the industry as tantamount to the second coming of Christ.
Apple, Google and Other Tech Giants Say Regulations Block Fintech Innovation
Regulations on fintech are a "significant market barrier" for would-be disruptors, according to a consortium comprising Amazon, Apple, Google, Intuit and PayPal.
Securities America to Buy Foothill Securities' Advisor Business
In the deal, Securities America will add up to 210 advisors with some $5 billion in assets.
How Key Energy Got the SEC to Go Easy on Bribery Charges
The SEC accused its Mexican subsidiary of violating provisions of the Foreign Corrupt Practices Act but only made the company disgorge $5 million in profits.
Enforcement: Goldman Trader Barred for Misleading Customers
In another action, Ameriprise was censured and fined by FINRA for failing to supervise its registered reps’ sales of closed-end funds.