Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
SEC May Be Onto Something: Form CRS
By Thomas D. GiachettiOh joy, yet another form advisors need to provide their clients. But this one might really work.
September 23, 2019
FINRA Answers Questions on BDs' Electronic CommunicationsFor example: What should brokers know about disclosures in marketing materials?
September 20, 2019
SEC Commissioner: Time to Reassess BD Best Execution ObligationsThe commission should "consider whether minor adjustments or more significant changes are appropriate" for the Order Protection Rule, he said at a SIFMA event.
September 20, 2019
House Passes Bill to End Forced ArbitrationConsumer groups cheered the passage of the Forced Arbitration Injustice Repeal Act.
September 19, 2019
How Vanguard's New Robo Could Transform the Digital Advice Market"Anytime Vanguard enters an industry it's a big deal," said David Goldstone of Backend Benchmarking.
September 19, 2019
RBC, Merrill Tap New Execs: Recruiting RoundupMeanwhile, Wells Fargo FiNet says it has added more than 87 advisors with $11.5 billion of client assets this year.
September 18, 2019
New DOL Fiduciary Rules Out in Next 2 Months: AttorneysMany in the industry want clarification on how new SEC rules will affect ERISA fiduciary status, two lawyers write.
September 17, 2019
Raymond James to Pay $15M to SEC for Improper ChargesThree units improperly charged advisory fees on inactive client accounts and charged excess commissions for UITs, the SEC said.