Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Divided Appeals Court Backs FPA Appeal Of SEC Ruling
By Staff WriterThe Financial Planning Association has won a battle in court against the U.S. Securities and Exchange Commission.A 3-judge panel of the U.S. Court of Appeals ...
March 11, 2007
NAIC And ACLI Tangle On OFC And McCarran RepealThe National Association of Insurance Commissioners implored Congress last week to consider amendments to the antitrust exemption insurers have under the McCarran-Ferguson Act and initiatives ...
March 05, 2007
Borrowing Made EasierAdvisory and broker/dealer clients who want to borrow money can now use separately managed accounts (SMAs) as collateral for lines of credit, if their advisor is a customer of Pershing. The loans are available to clients of Pershing's qualified introducing broker/dealers, and clients of independent RIAs who are customers of...
March 02, 2007
LPL in Deal to Acquire Three Pacific Life Broker/DealersLPL Financial, the big independent broker/dealer, and Pacific Life Insurance Co. ended speculation about the future of Pacific Life's B/Ds by announcing a deal under which LPL would acquire three of PacLife's five B/Ds: Mutual Service Corp., based in West Palm Beach, Florida; Associated Financial Group of Los Angeles, and...
March 01, 2007
An Independent VoiceThe Financial Services Institute (FSI) kicked off its annual conference at Disney World in Orlando, Florida, on January 29 with the group's new chair, John...
March 01, 2007
How the Affluent FeelThe New Year did not change the outlook of the affluent significantly, according to the Spectrem Group's research. The Spectrem Affluent Investor Index, which measures...
March 01, 2007
Monopoly GameWill broker/dealers be paying more for market data from now-public securities exchanges? Who owns the market data that is created by market makers and broker/dealers...
March 01, 2007
First ImpressionsYou only get one chance to make a first impression. I remember how my dad used to tell me that over and over again. And...