Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FINRA Suspends Ex-Baird Broker Over $200K in Unapproved Transactions
By Jeff BermanIn addition to a 5-month suspension, the broker has been slapped with a $10,000 fine.
November 19, 2019
SEC Chairman Wants to Know: 'Have We Preserved Choice' in Reg BI?Clayton told attendees at SIFMA's annual meeting that he encourages the industry to ask questions about Reg BI implementation.
November 18, 2019
SEC Reg BI Will 'Force Changes' in Revenue Sharing: MorningstarUnder Reg BI, brokers have an obligation to mitigate and disclose the kinds of conflicts that revenue sharing can create.
November 18, 2019
Here's How 3 Firms Integrate ESG InvestingAite Group's latest paper compares how different financial firms research ESG, select the best companies and educate their clients.
November 15, 2019
FINRA Suspends Broker Who Sold Woodbridge NotesAn advisor has a nine-month suspension, must pay a $5,000 fine and return some $33,000 in commissions and interest over unapproved sales tied to a $1.2 billion Ponzi scheme.
November 15, 2019
Ameriprise Adds 2 Advisors From LPLThe pickup of First American Financial adds about $158 million in AUM.
November 14, 2019
FINRA Suspends Advisor Who Hid $50K Private PlacementThe broker also has been slapped with $5,000 fine; he admitted asking the client to reach him via a personal email address after the sale.
November 14, 2019
Merrill Lynch, Wells Fargo Reps Move to Raymond James: Recruiting RoundupMeanwhile, Integrated Partners picks up an Ameriprise team; LPL Financial adds advisors from Advisor Group-Ladenburg.