Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
New Home Sales Plunge to Record Low; Durable Goods Up but Ailing
By Joyce HansonSales of new single-family houses in July fell 12.4% to 276,600, the slowest pace of sales on record since 1963. July durable goods orders rose slightly, but the increase came mainly from airplane orders.
August 25, 2010
The Slow Burn on RAAsIn my daily ration of news alerts, I got this consumer alert from the Ohio Department of Insurance. As you can see for yourself, it’s ...
August 24, 2010
Montana Sues Securities America for 'Misleading' InvestorsMontana's Securities Commissioner has filed a legal action against broker-dealer Securities America, the Ameriprise Financial subsidiary.
August 24, 2010
Lehman Suit Against Barclays Reconvenes in Bankruptcy CourtIn U.S. Bankruptcy Court, the former head of Lehman Brothers' restructuring group asserted that Barclays took unfair advantage of Lehman's haywire financial position during its takeover in September 2008.
August 24, 2010
Callan Associates Hires Morgan Dempsey as Sub-AdvisorCallan Associates hired Morgan Dempsey Capital Management, based in Milwaukee, Wisconsin, on Friday, August 20, as a sub-advisor for its Diversified Alpha Small Cap Equity Fund.
August 24, 2010
SIPC Issues Alert on Check ScamCon artists presented fake SIPC checks to buy goods and services on Craigslist.
August 24, 2010
Japanese Yen Hits 15-Year HighThe Japanese Yen surged to a fresh 15-year high against the U.S. dollar on Tuesday after the Japanese government failed to say it would take steps to curb the currency's strength amid growing concerns about the pace of the recovery.
August 24, 2010
Morgan Stanley Adds Team from Wells, Faces FineBoca Raton-based advisor team with $100 million-plus in assets joins MSSB a few days after FINRA fined the broker-dealer $800,000.