Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
90-Year-Old Ex-Morgan Stanley Broker Who Shot Business Partner Dies
By Jeff BermanThe Oklahoma City Police Department says it is "not investigating the death as anything criminal in nature."
August 08, 2022
FINRA Warns BDs of Spike in E-Signature ForgeriesThe regulator has received a growing number of reports about registered reps forging or falsifying client signatures.
August 05, 2022
Ex-Rep Booted Over Claims of Racism Sues LPL for $95MThe broker-dealer ended its affiliation with Eileen Cure after claims surfaced online that she had refused to hire Black job-seekers.
August 04, 2022
Robinhood CEO Dismisses Talk of Sale to Schwab, Other RivalConsultant Tim Welsh says there's "almost a zero chance" that Schwab would undertake another big deal so soon after its TD Ameritrade acquisition.
August 04, 2022
12 Best & Worst Broker-Dealers: Q2 Earnings, 2022In the worst quarter for the S&P 500 since 2020, four big BDs reported earnings growth.
August 03, 2022
Ex-Advisor Sentenced to Almost 22 Years in Prison Over Fake-Annuity ScamThe former Allstate, LPL and Merrill Lynch broker was convicted of stealing over $9.3 million from clients.
August 03, 2022
New SEC Guidance Tackles How to Handle Conflicts of InterestIn addressing conflicts under Reg BI and the Advisers Act fiduciary standard, disclosure isn't enough, the SEC warns.
August 03, 2022
Robinhood Cuts 23% of StaffThe app-based brokerage dismissed 780 people and also announced the departure of a top executive Tuesday.