Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
SEC Fines 3 AIG Advisor Group BDs $9.5M on Excess Fund Fees
By Melanie WaddellSagePoint, Royal Alliance and FSC Securities steered mutual fund clients into more expensive share classes and collected $2 million in fees, the SEC says.
March 08, 2016
Extraordinary Study Reveals Widespread Broker MisconductBut the academics also create some confusion in using the nomenclature "financial advisers" when they mean "brokers."
March 08, 2016
NASAA Updates Exams to Test Social Media, Cyber SmartsBD agents and IA reps taking the Series 63, 65 and 66 exams will be tested on data protection and social media starting July 1.
March 07, 2016
Wall Street bankers' average bonus falls by most since 2011Wall Street bonuses and profits fell in 2015, reflecting a challenging year in the financial markets, said New York State Comptroller Thomas DiNapoli.
March 04, 2016
Are 7% of Brokers Really Behaving Badly?A recent study found 7.7% of brokers had a record of misconduct over a 10-year period. But not everyone thinks the study holds up.
March 03, 2016
Brokers behaving badlyStudy says: Bad brokers dont leave the business; they just move on to a different firm.
March 03, 2016
Brokers behaving badlyStudy says: Bad brokers dont leave the business; they just move on to a different firm.
March 03, 2016
FINRA Mulls Crackdown on Arb Award DeadbeatsFINRA members "are barred" if they dont pay, Ketchum told a Senate panel. However, if firms go broke or leave FINRA, the regulator loses jurisdiction.