Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FINRA Bars Ex-Wells Fargo Rep Over Client Money in His Bank Account
By Jeff BermanWells Fargo terminated him in April over those allegations.
July 09, 2021
Pershing Ordered to Pay $648.5K to More Stanford VictimsA FINRA arb panel rules in favor of more investors claiming losses in the Ponzi scheme run by financier R. Allen Stanford.
July 09, 2021
The Real Reasons Clients Pay AdvisorsTwo principles underlie successful advisors: Provide useful knowledge and help the client avoid mistakes.
July 09, 2021
Securities America to Pay $1.75M for Failing to Protect Clients From Ponzi SchemeAn independent RIA was able to take $8 million from at least 15 clients of the Advisor Group subsidiary, the SEC says.
July 09, 2021
12 Best States for Retirement in 2021Bankrate graded the states on affordability, wellness, weather, culture and crime.
July 08, 2021
Merrill Faces Discrimination Suit by Black Ex-RepsTwo former Merrill brokers allege Black advisors at the firm received less compensation and were promoted less often than white advisors.
July 08, 2021
FINRA Bars Ex-Royal Alliance Rep Accused of Misappropriating Client's FundsThe former broker at the Advisor Group-owned firm also allegedly refused to provide documents and info requested by FINRA, the self-regulating group said.
July 08, 2021
6 Things We Learned From Robinhood's IPO FilingFor one thing, Chief Legal Officer Dan Gallagher is making a lot more than he did as an SEC commissioner.