Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FINRA Fines LPL $6.5M Over Faulty Background Checks, Deleted Records
By Jeff BermanThe firm failed to fingerprint more than 7,000 non-registered associated persons, FINRA says.
December 23, 2020
SEC Seeks Feedback on BDs' Custody of Digital AssetsSecurities regulator also wants comments on "evolving standards and best practices" with respect to custody of digital asset securities.
December 23, 2020
Ex-Merrill Rep Sentenced to 8 Years in Prison for FraudThe former broker had pleaded guilty to investment advisor and wire fraud.
December 23, 2020
How to Get Clients Started on Legacy PlanningRather than focusing on inheritance, ask clients what they want their long-term impact to be, says attorney and tax expert Toby Mathis.
December 23, 2020
American Portfolios Boosts Offerings: Tech RoundupAlso, Franklin Templeton teams with Apex and Bambu to launch Tango, a turnkey robo-advisor.
December 22, 2020
Test Your Knowledge: The Social Security Trust FundsTake our quiz on how Social Security is funded and how a shortfall could affect your clients.
December 22, 2020
SEC to Ramp Up Reg BI Exams in January"Most advisors don't have a process in place to cover what SEC Reg BI requires" when it comes to retirement rollover options, says Ed Slott.
December 22, 2020
Senate Passes $2.3T Package of Relief, Funding and Tax BreaksThe move follows passage in the House; President Trump is expected to sign the bill this week.