Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
SEC Slams LPL, Raymond James & 24 Other Firms With $393M in Off-Channel Messaging Fines
By Dinah Wisenberg BrinAmeriprise, Edward Jones and Osaic were also fined for failing to retain messages sent on unauthorized channels, like WhatsApp.
August 12, 2024
New Trial Date Set for Former BofA Banker Charged With Merrill Exec's MurderAnthony Duwayne Turner's jury trial in the death of Michelle Avan should begin Sept. 16 in Los Angeles County.
August 12, 2024
Raymond James Nears $50M SEC Settlement Over Texting IssuesThe broker-dealer is one of several firms caught up in the SEC's off-channel communications sweep.
August 11, 2024
LPL Updates Brand at Yearly ConferenceThe broker-dealer says it expects nearly 9,000 advisors, staff and sponsors at its San Diego-based event.
August 07, 2024
Dimon Says He's Skeptical Inflation Will Return to Fed's 2% TargetThe head of JPMorgan has been warning for more than a year that inflation may be stickier than investors expect.
August 06, 2024
BD Fined for WSPs With No Mention of Reg BIJVM Securities' written procedures discussed Reg BI but were not tailored to its business, FINRA said.
August 01, 2024
Dropbox Co-Founder Claims JPMorgan Advisor Cost Him Over $225MArash Ferdowsi alleges that he was steered to unsuitable investments rather than index funds.
August 01, 2024
BD to Pay $1.5M Over Excessive Trading by Reps: FINRAWestern International Securities allowed excessive trading by four representatives that resulted in $2.5 million in trading costs.