Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Investors Say No to FINRA’s CARDS Plan
By Melanie Waddell"Data from this survey reveals that investors have serious concerns about the CARDS proposal and the risks such a system could pose to their privacy," says SIFMA CEO Bentsen.
December 10, 2014
What the World Needs Now…Are Client AdvocatesThe securities industry seems to be moving toward fiduciary client advocate advisors. Unfortunately, it looks like it will take a new professional organization to get there.
December 09, 2014
Some RCAP Sales Agreements Reinstated; Schwab, Fidelity Ease BanRCAP says that 70-plus selling agreements have been reinstated to date.
December 09, 2014
Morgan Stanley to Award More Bonuses Up FrontMorgans compensation committee agreed to defer future bonus pools at an average rate of 50% instead of 80%.
December 09, 2014
BDs’ Comments Lead FINRA to Update Communication, Gift RulesBDs request further guidance, updates on the two rules; FINRA's retrospective review process is ongoing.
December 05, 2014
RCAP-ARCP Settle Cole Issue; Cetera Rolls Out 2 Advisor Programs[Editor's Note: This article was written in early December and went to print in mid-December; it appears in the January 2015 print publication of "Research"…
December 04, 2014
Washington Wealth Adds $180M RepsThe independent hybrid RIA says it has added 12 advisors in about nine months.
December 04, 2014
Schorsch Firms Settle Differences on Scuttled Cole DealRCS Capital settled with ARCP in a deal worth $60 million after backing out of a $700 million deal in October, the firms said.