Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
The Pregnancy Test: Can a Broker Be a Little Bit Fiduciary?
By Bob ClarkFor keeping the faith and shouting from the virtual rooftops, a shout-out to the keepers of the fiduciary flame.
May 07, 2012
ICMG Survey: Seven in 10 Insurance Professionals Use Peer Networking To Find Strategic AlliancesThe report reveals that peers are also the most commonly used sources for conducting due diligence about potential business partners. Nearly eight of 10 respondents look to peers when conducting due diligence.
May 07, 2012
FINRA Board Member Resigns After SuspensionFINRA Board member Joel Blumenschein has resigned as he was recently fined $30,000 and suspended by FINRA for allegedly failing to supervise one of his companys brokers, Gary Gossett.
May 06, 2012
2012 Fiduciary Findings Pt. 2: How Advisors Feel About Effects of Fiduciary StandardThe second annual AdvisorOne-fi360 survey gauging advisors' attitudes on the fiduciary standard found that many respondents would welcome a DOL-like fiduciary standard on retirement accounts.
May 04, 2012
Fiduciary Standard: Assessing SIFMA’s Peculiar DefinitionWith SRO for advisors back in play, comparing line-by-line SIFMAs proposed fiduciary precepts with the 40 Act rules for RIAs.
May 04, 2012
SEC Reopens Comment Period on Books and Records, Notifications Rules for BDsThe SEC announced that it had reopened the comment period for 30 days on its proposed amendments to its net capital, customer protection, books and records, and notification rules for broker-dealers.
May 03, 2012
Ross Mandell Sentenced to 12 Years in PrisonRoss Mandell was sentenced by Judge Paul Crotty for his conviction at trial last summer on conspiracy and securities fraud charges. The government asked that he be sent away for life.
May 03, 2012
Jud Bergman’s 4 New Rules for Advisors That Supplant the OldAt revived Advisor Summit, Envestnet CEO speaks of how the rules have changed for advisors.