Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Will Trump SEC End ‘Broken Windows’ Cases Against Advisors and Brokers?
By Nicolas MorganChairwoman Whites departure may not end the Enforcement Divisions pursuit of minor violations.
December 21, 2016
FINRA’s 12 Fines of Christmas: Wells Fargo, LPL Flub Security of RecordsThe companies were fined a total of $14.4 million, as some firms failed to keep millions of records in the proper electronic format.
December 20, 2016
Congress Got Schooled Once by a BD Owner; It Should AgainAs the new administration and Congress contemplate regulatory changes, it would be wise to get input from broker-dealer owners like Peter Schiff.
December 20, 2016
DOL rule will force consolidation of broker-dealers, Cerulli report saysBroker-dealers with less than $10 billion in assets under management account for more than 80 percent of broker-dealer sales volume but less than 10 percent of advisor-managed assets.
December 20, 2016
DOL rule will force consolidation of broker-dealers, Cerulli report saysBroker-dealers with less than $10 billion in assets under management account for more than 80 percent of broker-dealer sales volume but less than 10 percent of advisor-managed assets.
December 15, 2016
National Planning Holdings Partners With BlackRock, American Funds to Boost PlatformThe parent firm of four IBDs says it is rolling out more technology to its 3,500 affiliated reps.
December 15, 2016
Raymond James Adds 2 Teams; Wells Fargo Nabs Breakaways: Recruiting RoundupMeanwhile, LPL Financial attracts affiliated advisors from rival IBDs, as RBC hires a longtime Merrill advisor with long career at Merrill Lynch.
December 14, 2016
SEC Approves 2017 Budget Boost for PCAOBPCAOB, which oversees audits of SEC-regulated BDs, gets a 4.2% increase over its 2016 budget.