Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Former Morgan Stanley Advisor Pleads Guilty to $6M Fraud
By Melanie WaddellThe former rep will pay $4.4 million and could spend 20 years in prison, the Justice Department says.
July 17, 2020
Ex-Wells Fargo FiNet Rep Suspended for Altering Docs, Using Private EmailThe then-advisor had clients sign incomplete documents so he could "fill in missing information," FINRA says.
July 17, 2020
$680M Team Jumps From Morgan Stanley to StifelThe news follows Stifel's efforts to recruit teams from Merrill and Wells Fargo across the U.S.
July 17, 2020
Why Compliance Officers Have Even More to Worry AboutOne case has gone to an appeals court to get relief from FINRA and SEC decisions against a broker-dealer CCO.
July 16, 2020
FINRA May Modify Rulebook, Supervision in Light of VirusFINRA is considering the regulatory implications of a wave of brokers continuing remote work after the pandemic.
July 16, 2020
Ameriprise Sues Ex-Broker Over $748K FINRA Arb AwardThe rep was terminated by the firm in 2018 has yet to repay his promissory notes, the firm says in the lawsuit.
July 16, 2020
LPL Shares Details on Virtual Focus ConferenceThe annual conference for its indie advisors had been set to take place this month in Chicago.
July 16, 2020
How a Top Raymond James Advisor Runs Her 'Invitation-Only' PracticeMargaret Chow Starner, based in Miami, tells ThinkAdvisor that market crashes are like hurricanes: Her clients "know the drill."