Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
California Advisor Charged With Child Porn Possession
By Dinah Wisenberg BrinThe advisor pleaded not guilty on Thursday.
July 09, 2024
Couple Sues Schwab and Hightower, Saying Fraudsters Looted Their AccountsThieves turned off electronic account notifications and stole nearly $1 million through small transactions, the suit says.
July 09, 2024
UBS to Pay $850K Fine Over Rep's Unapproved Third-Party SalesA UBS rep sold clients a "fixed annuity" offered by an entity formed by his friend, FINRA said.
July 05, 2024
Merrill Violated Reg BI With $1.5M in Avoidable Fees: FINRAMerrill's failure to stop its reps from dodging fee waivers affected 1,361 clients, according to FINRA.
July 03, 2024
FINRA Fines, Suspends Rep for Sharing CFP Board Exam ContentAfter passing the CFP Board exam, the rep disclosed exam content to others, FINRA says.
July 03, 2024
JPMorgan's Kolanovic to Exit Amid String of Poor Stock CallsThe move follows a disastrous two-year stretch of stock-market calls by the strategist, who has a 4,200 target for the S&P 500 in 2024.
July 02, 2024
Advisor Suspended Over Retiree's Ex-Wife Draining IRABMO Harris "warned specifically against accepting orders from an account owner's spouse," FINRA says.
July 02, 2024
RBC to Pay $75K for Excessive Sales ChargesRBC failed to provide mutual fund sales charge waivers and fee rebates, FINRA said.