Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
SEC Charges Ex-Janney Rep With Running $9.6M Market Manipulation Scheme
By Jeff BermanThe former broker allegedly used 18 securities accounts at 14 brokerage firms to artificially influence the market prices of 2,000-plus securities.
November 19, 2021
FINRA: Ex-Edward Jones Rep Made Over 800 Unauthorized TradesFINRA suspended and fined the former broker, saying he also falsely identified himself as a senior vice president of a clearing firm.
November 19, 2021
17 Top Financial Services M&A Deals of 2021M&A action involved BDs like LPL and Raymond James and asset managers like BlackRock, Vanguard and State Street.
November 18, 2021
SEC Bars Stock Trading Webcast Host Over Pump-and-Dump SchemeThe SEC and DOJ previously charged him with securities fraud in separate actions.
November 17, 2021
FINRA Makes Big Adjustments to CE RulesThose registered with FINRA must now complete continuing education requirements yearly instead of every three years.
November 17, 2021
Clients Want Tax-Smart Advice, and Most Aren't Getting It: OrionOnly 20% of advisors employ ongoing, automated tax management, according to a survey commissioned by Orion Advisor Solutions.
November 17, 2021
FINRA: Ex-Northwestern Mutual Rep Misused Funds Raised for Kids' Cancer CharityFINRA barred the broker for allegedly sending donated funds to his own bank account instead of the charity they were supposed to go to.
November 17, 2021
World's 16 Biggest Wealth Management Firms by Advisor Headcount: 2021Here are the wirehouses, BDs and other firms who report having the most advisors, according to Aite-Novarica Group.