Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
DOL Fiduciary Rule Hits BDs’ IT Budgets, Product Lines
By Melanie WaddellBroker-dealers have to make a lot of very difficult, and in some cases expensive, decisions, ERISA lawyer Fred Reish says.
August 17, 2016
LPL Limits Pay Hikes, Bonuses for EmployeesCompanywide, there will not be merit increases in 2016, as the IBD takes "a cautious approach."
August 17, 2016
Ex-Perella, JPMorgan Banker Convicted of Tipping Dad on Health MergersVerdict in Sean Stewart case signals prosecutors can successfully prosecute family members in insider trading cases.
August 16, 2016
Ex-Stifel Broker Loses FINRA Case Over Unauthorized Farm LoanThe broker must pay his former BD after he borrowed money from a client to buy farmland without proper approval.
August 16, 2016
Hundreds of Thousands of 401(k)s Up for Grabs After DOL Fiduciary RuleBroker-dealers are wondering what to do with small plan sponsor clients serviced by generalist wealth managers.
August 15, 2016
SEC Charges Hedge Fund Manager in Scheme Involving Terminally IllDonald Lathen allegedly paid 60 patients $10,000 each to use their names on accounts, redeeming their investments after they died.
August 15, 2016
Top Portfolio Products: Nuveen Launches Alternative Investment PlatformThe platform, using technology from Artivest, lets advisors allocate alternative investments across client portfolios and monitor their performance.
August 12, 2016
Raymond James Completes Rollout of Mobile PlatformThe firm also has introduced document sharing technology to its roughly 6,800 financial advisors.