Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Help in Times of Crisis
By Staff WriterEmergency planning for broker/dealers may get a bit easier with the Small Firm Emergency Partner Program announced October 11 by the Financial Industry Regulatory Authority (FINRA). The program encourages small firms to select a partner that's located far away and who clears through the same clearing firm, and agree to...
October 01, 2007
What Troubles InvestorsAmerican investors have significant anxiety about the security of their investments, particularly as it relates to their retirement savings, according to a new FINRA report....
October 01, 2007
NEWS & PRODUCTS, OCTOBER 2007FINRA has fined AXA Advisors, LLC, $1.2 million for "failing to adequately supervise its fee-based brokerage business, and for distributing misleading sales literature for its...
October 01, 2007
The Future of Fee-Based AccountsA collision of regulatory events has given a boost to the industry's move toward a fee-based business model -- with some pundits predicting dramatic change...
September 21, 2007
SEC Changes Principal Trading RuleThe SEC announced September 20 a temporary rule regarding principal trades with investment advisory accounts, Section 206(3) of the Advisers Act, which is intended to make October 1 compliance with the rollback of the Broker/Dealer Exemption Rule, which exempted brokers from regulation as an investment advisor even when they were...
September 21, 2007
Cambridge Makes Changes at the TopAt Cambridge Investment Research, Eric Schwartz will add chairman of the board to his CEO mantle and has promoted COO Amy Webber to president of the firm he founded 26 years ago, effective immediately.
September 21, 2007
SEC Responds To Court DecisionThe U.S. Securities and Exchange Commission has agreed to adopt a temporary rule that will help financial services companies cope with a court ruling that ...
September 21, 2007
SEC Responds To Court DecisionThe U.S. Securities and Exchange Commission has agreed to adopt a temporary rule that will help financial services companies cope with a court ruling that ...