Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
BD to Pay $1.2M to Settle Reporting Charges
By Dinah Wisenberg BrinThe firm didn't adopt adequate anti-money laundering policies or file one suspicious activity report for three years, the regulator says.
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.
July 30, 2024
Ameriprise and Wells Fargo Sued Over Low Interest on Client CashThe lawsuits follow similar client complaints against LPL Financial and Morgan Stanley.
July 30, 2024
Amerprise Sues LPL Over 'Shocking' Recruiting TacticsThe firm accuses LPL of "systematically" directing its recruits to take confidential client information.