Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FINRA Won't Nix Suitability Rule in Light of Reg BI
By Melanie WaddellFINRA plans to submit to its board shortly a rule proposal on sales contests and FINRA's suitability rule "to conform them to Reg BI," its legal chief says.
October 17, 2019
Financial Advisors Are Failing to Plan for the Future: StudyA joint study by SEI and the FPA found that advisors are not adequately anticipating the changing needs of clients.
October 17, 2019
Raymond James, Stifel Add Wirehouse Reps: Recruiting RoundupMeanwhile, LPL Financial brings on advisors from JPMorgan and 1st Global.
October 16, 2019
Brokers' Use of Texting, Social Media Cited in FINRA Exam ReportSome reps have also been conducting "electronic sales seminars" on digital channels that were not permitted by their firms, FINRA said.
October 15, 2019
$990M UBS Team Jumps to Raymond JamesThe group is based in Bethesda, Maryland, and includes four advisors.
October 15, 2019
FINRA's BrokerCheck Is Being 'Gamed': LawyersBrokers and firms are abusing the expungement process, lawyers who represent investors say.
October 15, 2019
eMoney Launches API-Based Solution for AdvisorsUnited Capital is the first firm to sign up for the new offering, eMoney Access.
October 15, 2019
Foreside Financial Acquires Compliance Advisory ServicesThe acquisition is the firm's second since Lovell Minnick acquired a majority interest in February 2017.