Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
July CFP Exam Pushed Back to September
By Janet LevauxThe certified financial planner exams set for July now will take place in the fall.
May 01, 2020
SEC Forms COVID-19 Task Force, Issues More Regulatory ReliefThe SEC issued orders to set up a phased CAT reporting timeline for BDs and issued a plan to modernize fund valuation practices.
May 01, 2020
FINRA COVID-19 Fraud Task Force Has Referred 50 Potential Scams to SECFINRA has hired Greg Ruppert, formerly of Schwab, to spearhead its COVID-19 fraud task force.
May 01, 2020
FINRA Slams Ex-Ameriprise Rep Who Misappropriated Client's FundsThe broker was terminated after allegedly converting more than $42,000 of an elderly client's funds for his own use.
April 30, 2020
LPL Beats Estimates; Earnings & Sales Rise 7%The number of affiliated advisors totaled 16,763, up 574 from a year ago and 299 from the prior quarter.
April 30, 2020
State AGs Urge Court to Expedite Reg BI Oral ArgumentsThe states and XYPN want "to bring certainty for the industry" before the planned June 30 effective date, said Michael Kitces.
April 30, 2020
Ameriprise Nabs $321M Morgan Stanley TeamSnowden Lane picks up a Merrill Lynch advisor, as movement from the wirehouses continues during the COVID-19 crisis.
April 30, 2020
10 Steps to Buying a Practice in the PandemicFor advisors in the market for another practice, now's a time of unique opportunity.