Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FINRA Bars Ex-BofA Rep Accused of Forging Document, Taking Client Funds
By Jeff BermanThe former broker and advisor trainee also failed to inform the wirehouse he was engaged in an outside business activity.
January 25, 2022
Vanguard, Other BDs Under Scrutiny Over Target Date Fund Tax BillsAmerican Funds, BlackRock, Fidelity and T. Rowe Price are also targets of the sweep by William Galvin in Massachusetts.
January 24, 2022
SEC Chief Wants Advisors, BDs to Improve 'Cyber Hygiene'One possible course of action: altering the "timing and substance" of required customer notifications under Reg S-P.
January 24, 2022
Merrill Fires Advisor Who Threw Racist Insults, Drink at Smoothie ShopJames Iannazzo was charged with intimidation based on bigotry or bias, breach of peace and criminal trespass.
January 21, 2022
New Court Date Set for Suspect in Merrill Exec's MurderThe date for a preliminary hearing in Anthony Duwayne Turner's case has yet to be set, according to the Los Angeles County District Attorney's Office.
January 21, 2022
8 Top FINRA Priorities for 2022"A lot of exciting initiatives" are afoot at FINRA, says its CEO, Robert Cook.
January 20, 2022
Morgan Stanley Sets Sights on Its Workplace AssetsThe wirehouse also wants its wealth management unit to reach a pre-tax profit margin above 30%, CEO James Gorman said.
January 20, 2022
The 'Quantity Game' in AUM, Advisor Recruiting Is Over: Cetera ExecA shift in focus at Cetera has resulted in the kind of recruiting wins that matter most, its business development chief says.