Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Here's What Gets Brokers Barred, According to FINRA
By Melanie WaddellThe regulator brings about 400 to 500 cases a year against individual brokers, its deputy enforcement chief says.
September 21, 2022
More RIAs Outsourcing Investment Management: SurveyAdvisory firms using outside investment managers are overwhelmingly satisfied with them, according to FlexShares.
September 20, 2022
Henschen: Is It the Right Time to Check Out These 4 BDs?Here are some key qualities that advisors may want to look for in both their broker-dealer and their timepiece.
September 20, 2022
Waddell & Reed Ordered to Pay $776K Over Reverse ChurningThe firm allegedly breached its fiduciary duty by keeping clients who traded infrequently in wrap-fee accounts.
September 20, 2022
Morgan Stanley to Pay $35M SEC Fine Over Data SecurityAbout 15 million clients' details were compromised over a five-year period starting in 2015.
September 19, 2022
Ex-Morgan Stanley Broker Pleads Guilty to $7M Ponzi SchemeShawn Edward Good bought at least five luxury cars with clients' money, according to prosecutors.
September 16, 2022
Goldman Sachs Faces Fed Scrutiny of Money-Losing Marcus Consumer UnitFederal Reserve officials have been looking into its online-banking platform for retail clients, say people with knowledge of the matter.
September 16, 2022
Chicago BD to Pay Over $105K for Failing to Register as Muni AdvisorLoop Capital Markets is the first broker-dealer to be charged under the muni advisor rule.