Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
RBC to Pay $75K for Excessive Sales Charges
By Melanie WaddellRBC failed to provide mutual fund sales charge waivers and fee rebates, FINRA said.
June 28, 2024
FINRA Goes Quiet as Its Caseload PlungesTotal fines are down by half since 2016, raising the question: Will the watchdog catch the industry's next big fraud?
June 28, 2024
Ex-New York Life Rep Falsified Applications: FINRAShe paid premiums for customers and collected commissions, FINRA says.
June 27, 2024
Ameriprise, LPL Battle in Court Over Father-Son Advisor Duo Who Switched FirmsThe advisors took confidential material "in the dark of night" before leaving for LPL, Ameriprise says.
June 26, 2024
Expect SEC Reg BI Actions to Heat Up: Law FirmDual registrants "may be particularly compelling targets" for the regulator, Gibson Dunn attorneys say.
June 26, 2024
LPL Rep Suspended for Trading in Deceased Client's AccountThe advisor falsely stated that he spoke with the client about the trade before their death, FINRA said.
June 24, 2024
Ex-LPL Rep Suspended for Allegedly Sending Client Data to WifeThe broker then forwarded the data to a contact at LPL, his prospective employer at the time, FINRA says.
June 24, 2024
Eye-Watering Texting Fines Need Transparency: SEC RoundupThe American Securities Association's CEO talks about why the group is suing the SEC.