Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
SEC Weighs Sending Retail Stock Orders to Auctions for Execution
By By Lydia Beyoud and Katherine DohertyThe SEC is attempting to rein in payment for order flow.
May 27, 2022
Morgan Stanley Must Pay Client $160K Over Broker's TradingThe wirehouse was found liable for failure to supervise the ex-rep, who must also pay $160,000.
May 26, 2022
UBS Must Pay Clients $1.4M Over YES Options StrategyA FINRA arbitration panel ruled against the wirehouse in another dispute over its Yield Enhancement Strategy.
May 25, 2022
6 Questions to Ask Yourself Before You Sell Your Advisory FirmAn advisor who sold his business offers practical guidance to others looking to do the same.
May 25, 2022
Barred Broker Whose Probation Was Revoked Pleads Guilty to FraudThe former Raymond James broker faces up to 50 years in prison for defrauding his clients.
May 25, 2022
LPL Picks Up $11B of CUNA Brokerage AssetsAnother $21 billion is expected to move onto the BD's platform as part of a partnership deal reached last year.
May 24, 2022
Raymond James Ramps Up Diversity Efforts After Pandemic LullThe pandemic stalled the firm's mentorship initiatives but it's getting back on track now, CEO Paul Reilly says.
May 24, 2022
Ex-Wells Fargo Exec Who Alleged Fake Job Interviews Plans to Sue Over His FiringJoe Bruno says he was terminated for complaining that women and minorities were interviewed for already-filled roles.