Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FINRA Fines Ameriprise for Rep Who Stole $370K From His Family
By Janet LevauxAmeriprise was fined for allegedly failing to exercise reasonable due diligence in supervising the accounts, the regulator said.
September 14, 2016
State regulators eye senior abuse issuesState securities regulators are paying close attention to the sale of investment products to seniors and other potentially vulnerable customers.
September 13, 2016
Raymond James Nabs Ex-Wirehouse ManagerThe firm picks up a complex manager in Seattle who used to work for Merrill Lynch, Morgan Stanley and RBC.
September 12, 2016
Top Portfolio Products: New Funds from Fidelity, CBOE Vest and DirexionFidelity introduced six factor-based ETFs, CBOE Vest added a defensive stock fund and Direxion launched two leveraged ETFs.
September 09, 2016
7 Tips to Maximize Social Security Benefits From an Ex-SSA DirectorWith all of the rules and changes in Social Security, Kurt Czarnowski offers tips and advice to advisors.
September 09, 2016
SEC Snags Raymond James, Baird for Wrap Fee ViolationsThe two firms were fined by the SEC for failing to disclose trade-away commissions
September 08, 2016
Ex-CFO at Schorsch-Related REIT ArrestedThe SEC and U.S. Attorney took action against Brian Block while pressing charges against Lisa McAlister, who has pleaded guilty.
September 08, 2016
Betterment Study Urges Strong Oversight of Advisors Working With 401(k) PlansThe study, conducted by Forrester Consulting, recommends that employers demand more information on 401(k) fees and investment decisions from advisors.