Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Advisor Group Has a New Name
By Janet LevauxThe company will unite its eight firms into one entity over the next 18-24 months.
June 16, 2023
Schwab Robo-Advisor Hidden Fees Case Moves to Federal CourtThe lawsuit cites an SEC order last year requiring Schwab to pay nearly $187 million for misleading statements.
June 16, 2023
Ex-LPL Broker Fined, Suspended for Not Disclosing Child Sex Abuse ChargeFINRA suspended the ex-broker for five months and fined him $5,000.
June 14, 2023
Apex Joins Growing List of Overnight Trading Service ProvidersSeveral top clients are already using Apex to access the 24/5 marketplace, the firm said.
June 13, 2023
SEC to Weigh New AI Rules for BrokeragesA plan to rein in conflicts of interest associated with the use of artificial intelligence could be introduced as soon as October.
June 12, 2023
JPMorgan to Pay $290M to Settle Epstein Victim's SuitThe deal with the victim identified only as Jane Doe doesn't end JPMorgan's legal headache over its ties to Epstein.
June 09, 2023
Ex-RBC, Ameriprise Broker Charged With Kidnapping Is Barred by FINRARBC fired Scott Matalon after he was arrested; the bar stems from a client complaint at Ameriprise.
June 08, 2023
Ex-Morgan Stanley Advisor Pleads Guilty to Money LaunderingThe ex-broker took more than $1.5 million from two close relatives who were clients, the prosecutor said.