Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
RBC Wealth Adds $2B Reps From Wells Fargo, UBS and Other Firms
By Janet LevauxThe firm is picking up advisors in New York, Pennsylvania, New Jersey, Virginia and Maryland.
June 18, 2020
LPL Gives Advisors More Tech-Based Help ServicesSeparately, LaSalle St. rolls out a fund and annuity help desk, so advisors can service clients' "held away" assets.
June 18, 2020
FINRA Moves Ahead on New Exam Cheating RulesFINRA is also overhauling its enforcement technology platform.
June 15, 2020
SEC Chief Urges Caution on Rollovers Under Reg BIIn particular, advisors must be mindful of relaxed withdrawal rules in the CARES Act, Chairman Jay Clayton says.
June 15, 2020
FINRA Enables Reporting of Reg BI-Related Customer ComplaintsStarting July 18, firms will be able to use two new "problem codes" to report customer complaint information.
June 15, 2020
Raymond James Fires Employee Over BLM ClashHe and his wife were videotaped confronting a man, then calling the police, over a Black Lives Matter sign in San Francisco.
June 12, 2020
Barred Broker Took Money From Veteran: SECStarting in 2015, Frederick Stow sold securities and moved funds from the account 74 times, the SEC says.
June 12, 2020
Advisor Group's SagePoint to Pay $1.6M Over UIT RolloversThe SagePoint news comes two weeks after Stifel agreed to pay $3.6 million for similar violations.