Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FINRA Upholds Bar of Ex-Broker Caught Cheating on Series 24 Exam
By Jeff BermanThe ex-broker and compliance officer for a firm in Texas allegedly wrote test information on his driver's license, fingers and forearm.
December 17, 2021
RBC Capital to Pay $1M for Failing to Police High-Yield Bond InvestmentsThe firm failed to review more than 100 accounts for potentially unsuitable concentrations of high-yield bonds, FINRA says.
December 16, 2021
Wedbush to Pay More Than $1.2M Over Unregistered Microcap Securities SalesThe firm also failed to report suspicious transactions, the SEC alleged.
December 15, 2021
Prospera Financial Buys Dorsey & Co.The acquired firm will maintain the Dorsey and Co. brand and operate as a Prospera office of supervisory jurisdiction.
December 15, 2021
Wells Fargo Simplifies Comp Hurdles for 2022At the same time, the wirehouse has enhanced the bonus opportunities for its registered representatives.
December 15, 2021
Ex-Ameriprise Rep Who Defrauded Retirees Gets 14 Years in PrisonThe former broker scammed clients out of over $12 million as part of a real estate investment scheme.
December 14, 2021
Fidelity Institutional Taps Salesforce ExecRohit Mahna now leads National Financial and Fidelity Brokerage Services, a role held by Sanjiv Mirchandani until this summer.
December 13, 2021
How Carson Group's Teri Shepherd Keeps Her Focus on What MattersThe exec explains why she blocks out several hours a week to focus on what "moves the needle" rather than more routine tasks.