Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
SIFMA to SEC: Revamp SRO Structure
By Melanie WaddellThe regulatory structure of broker-dealers and exchanges should be carried out now because that structure is widely viewed to be outdated and in need of reconsideration and reform, says SIFMA.
July 31, 2013
SEC Adopts Stricter BD Custody RulesThe new rules for BDs will provide important additional safeguards for investors, according to SEC Chief Mary Jo White.
July 31, 2013
LPL Sees 14% Jump in Q2 Profits, Topping EstimatesThe independent broker-dealer, led by Mark Casady, also had a 67% increase in assets on its hybrid platform for advisors with their own RIAs.
July 30, 2013
Raymond James Rolls Out Tool for Discretionary TradingThe FolioDynamix technology works in conjunction with the firm's proprietary research and can be used for modeling, rebalancing and trading.
July 30, 2013
BrightScope Defends a Business Model Modeled After MorningstarBrightScope's methods irritate some, but others see a chance to clean up some of the industry's problems.
July 30, 2013
FSI’s First FA Conference Attracting Attendees, High-Profile SpeakersWith expressed intent to not replicate other BD conferences, debut conference for FSI advisors features three tracks, and DOLs Phyllis Borzi in a Q&A with attendees.
July 29, 2013
Risky Business: How to Protect Your Firm From Wire FraudSomeday soon an advisor will have to declare bankruptcy because he cannot cover the losses incurred in a fraudulent third-party wire transfer.
July 29, 2013
LPL Financial Expanding Retirement-Plan PlatformLPL Financial says it has beefed up its retirement planning platform with tools for financial advisors and plan participants from Morningstar Associates,…