The Rules and the Runners Up: 2017 Broker-Dealers of the Year
Work on the Broker-Dealers of the Year officially starts in March when we begin collecting performance information from firms for our Broker-Dealer Reference Guide.
Active Funds Are Performing Better — for Now
Morningstar's Active/Passive Barometer shows better performance by active funds this year but not long term.
Short business trips are often a grind, especially in the summer when lots of vacationers dominate the skies and airports.
Rock Solid: The 2017 Broker-Dealers of the Year
Executives from the four top BDs traded views on everything from succession planning to fees, commissions, regulation, RIA issues and charitable giving.
CAPTRUST and CapTrust Reunite
The two firms split in 1998 but had operated as part of the larger CapTrust organization.
FINRA Nominates Large, Small Firm Members for Disciplinary Panel
SEC also approved amendments to FINRA customer and industry arbitration rules.
Are You Ready for T+2?
The shorter settlement period for trades — two days instead of three — has implications for financial advisors.
SEC Slams Banca IMI Securities With $35M Fine Over ADRs
Brokerage firm "made it possible for such ADRs to be used for inappropriate short selling or inappropriate profiting around dividend record dates," SEC said.
Citing DOL Rule, Girard Goes Indie With Cetera
Girard Securities is expected to start winding down its broker-dealer platform in November.
Deficiencies Found at 97% of BD Audit Firms
Deficiencies were observed in audits at 73 of the 75 firms inspected during 2016, PCAOB's annual report says.