Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Pershing X Platform Launch on Track for Late 2022
By Jeff BermanA new business unit focused on building "innovative solutions for the advisory industry" developed the prototype, the firm says.
June 16, 2022
In First Reg BI Action, SEC Hits BD Over Sales of Risky Bonds to RetireesConsumer advocate Micah Hauptman says he's glad to see the rule enforced "in a way that should send a strong message."
June 15, 2022
LPL Rolls Out HNW ServicesThe program can help advisors offer select clients "a concierge-like experience," says LPL Private Client's Patrick Herrington.
June 15, 2022
BNY Mellon's Pershing Unveils NetX360+ Advisor Platform at InsitePershing kicked off the conference Wednesday with a visit from the Dallas Cowboys mascot.
June 13, 2022
Wells Fargo in Criminal Probe Over Fake Job Interviews: ReportThe U.S. attorney's office in Manhattan is investigating, according to The New York Times.
June 13, 2022
Edward Jones to Expand Advisor Team StrategyAdvisor consultants Mark Elzweig and Andy Tasnady cheered the move.
June 13, 2022
Schwab to Pay SEC $186M Over 'No Hidden Fee' Claims for Cash-Heavy RoboIntelligent Portfolios' cash allocations, up to 29%, made money for Schwab while reducing returns, the SEC said.
June 08, 2022
SEC Chief Takes Aim at Payment for Order Flow in Sweeping Plans for Stock MarketsThe plan would be the agency's most direct response to 2021's trading in GameStop and other meme stocks.