Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FINRA Sets June 1 'Evaluation Date' for High-Risk Firms
By Melanie WaddellOn this date, it will start the process of determining which of the 3,400 BDs it regulates should be labeled restricted firms.
January 27, 2022
SEC Bars Imprisoned Ex-Woodbridge Sales ManagerIvan Acevedo recently started a five-year sentence for his role in the $1.2 billion Woodbridge Ponzi scheme.
January 27, 2022
5 Tough Questions Prospective Hires Ask in InterviewsFirm owners often flub the answers to these questions, causing talented candidates to reconsider their interest.
January 27, 2022
New Ameriprise Ads Spotlight Personalized AdviceThe BD's new tagline is intended to capture the surging demand for advice since 2020, a marketing exec says.
January 25, 2022
FINRA Bars Ex-BofA Rep Accused of Forging Document, Taking Client FundsThe former broker and advisor trainee also failed to inform the wirehouse he was engaged in an outside business activity.
January 25, 2022
Ex-UBS Broker Spent $4.6M of Client Money on Gifts for Women: SECThe former broker is charged with defrauding a family out of more than $5 million.
January 25, 2022
Integrity Marketing Acquires Lion Street and Maryland LifeThe two firms generate about $180 million in sales per year.
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.