Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Wachovia Picks Up A. G. Edwards
By Staff WriterAnyone who doubted that a big bank could challenge the national wirehouse broker/dealers has to notice that Wachovia's deal to acquire A. G. Edwards catapults...
May 16, 2007
FPA Applauds SEC Decision Not to AppealThe Financial Planning Association said it is pleased that the SEC will not appeal the court ruling exempting brokers from being subject to regulation as investment advisors in fee-based brokerage accounts
May 14, 2007
SEC Won't Appeal Court RulingThe Securities and Exchange Commission has decided not to appeal the March 30 ruling by the U.S. Court of Appeals for the D.C. Circuit, which exempted brokers from being subject to regulation as investment advisors in fee-based brokerage accounts, on the basis that the SEC had exceeded its authority under...
May 10, 2007
SmartOffice Delivers Integration with Laser App and WinFlex WebE-Z Data, Inc., Pasadena, Calif., has announced the availability of integrations between SmartOffice, the company's Web-based practice and agency management solution, and two industry-standard applications: Laser App and WinFlex Web.
May 09, 2007
NASD Imposes Military Sales FinesThe National Association of Securities Dealers today fined 2 broker-dealers $400,000 in connection with allegations that they gave misleading investment plan sales literature to U.S. ...
May 08, 2007
NASD Imposes Military Sales FinesThe National Association of Securities Dealers today fined 2 broker-dealers $400,000 in connection with allegations that they gave misleading investment plan sales literature to U.S. ...
May 08, 2007
Performance Is Critical With Managed AccountsWhen it comes to separately managed accounts, performance is the top issue for advisors, according to a recent poll conducted by Market Metrics of Quincy, Massachusetts. But strong sales and marketing support are important as well because it helps to "accelerate growth for money managers," said Joe Babiec, principal at...
May 01, 2007
What McCarran-Ferguson DoesThe McCarran-Ferguson Act, passed in 1945, offers a number of benefits to the insurance industry that it would otherwise not possess due to federal antitrust...