Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Industry Hit by Class Actions
By Elizabeth D. FestaIt is no surprise that federal securities class action filings increased in 2008 over the previous year's levels given the upheaval in the financial markets...
January 27, 2009
National Financial's Norm Malo to RetireFidelity announced January 23 that Norman Malo, president and CEO of its clearing firm for correspondent broker/dealers.
January 26, 2009
Schapiro makes suggestions on broker/dealer oversightSecurities and Exchange Commission Chair Mary Schapiro suggested tougher capital requirements for broker/dealers on Friday in a written response to questions from Michigan Democratic Sen....
January 26, 2009
Commonwealth Financial Names Wayne Bloom as CEOIndependent broker/dealer Commonwealth Financial Network announced January 22 that Wayne Bloom, its managing principal of wealth management
January 23, 2009
FINRA probes broker/dealers for investment advisory business informationFINRA has requested information from some broker/dealers about investment advisory businesses associated with their organizations, a Finra spokesperson told Dow Jones Newswires Thursday. Firms who...
January 22, 2009
Creative Marketing's Learn to Earn Agent Sales Summit Earns Top MarksCreative Marketing, Overland Park, Kan., recently hosted the Learn to Earn Agent Sales Summit, Oct. 8-10, 2008, in the Kansas City area. The conference was a success, according to a number of the hundreds of agents in attendance. Eighteen of the
January 15, 2009
SEC Commissioner: Rules between advisors and broker/dealers need to be "harmonized"SEC Commissioner Kathleen Casey believes rules for investment advisors and broker/dealers are out of sync. Casey said Wednesday she "strongly believed" that rules needed to...
January 15, 2009
Morgan Stanley-Smith Barney Outline VentureThe former Morgan Stanley Stanley Dean Witter is set to become Morgan Stanley Smith Barney, as Citi have announced a deal to combine Morgan Stanley's global wealth management group and Citi's Smith...