Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
SEC Reg BI Seeks to 'Carve Up' Market for Investment Advice, XYPN Says
By Melanie WaddellIt's "just the latest in a series of attempts by the SEC to exceed or misapply its regulatory authority," XYPN said.
April 14, 2020
Wells Fargo Q1 Profits Drop 90%The number of advisors fell by 378 from last year; meanwhile, JPMorgan's net income declined nearly 70%.
April 14, 2020
UBS Is Helping Small-Business Wealth Clients Get PPP LoansThe PPP loans will be made though the Newtek Business Services Corp. and UBS Bank.
April 13, 2020
FINRA Clarifies Disclosure Rules for PPP LoansIt also has shared details on the net capital treatment of covered loans tied to the stimulus' Payroll Protection Program.
April 13, 2020
Fidelity Plans to Hire 2,000 PeopleThe firm is experiencing growing demand for services from existing clients during the COVID-19 pandemic.
April 13, 2020
RIA M&A: Strong in Q1, but COVID-19 Set to Take a TollDeVoe & Co., Echelon and Fidelity share their predictions of what lies ahead for advisor deal-making in 2020.
April 09, 2020
10 Red Flags to Watch When Switching BDsMarket conditions aside, there are many situations that make pursuing a broker-dealer change inappropriate.
April 08, 2020
FINRA to Mirror SEC Reg BI, Form CRS Exam ApproachSelf-regulatory group says it will take action if it observes client harm or conduct violating current suitability rules.