Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FINRA's New Home Office Rules Are Causing Headaches for BDs
By Melanie WaddellRegulatory attorney Russell Sacks chronicles the compliance challenges as the residential supervisory location rule takes effect.
May 24, 2024
JPMorgan to Pay Another $100M for Failing to Monitor OrdersThe bank failed to monitor billions of client orders between 2014 and 2021, the CFTC says.
May 24, 2024
Raymond James Taps New CFO as Leadership Shuffle ContinuesButch Oorlog will replace CEO-in-waiting Paul Shoukry; Bella Allaire also has a new role.
May 24, 2024
FINRA Suspends Rep for Violating Reg BI With L Bond SalesThe rep told a client to invest a large share of her assets in a speculative debt security, FINRA says.
May 23, 2024
FINRA Seeks to Ease Worries on New Home Office RulesSome BDs are incorrectly saying their workers will be required to return to the office full time, FINRA says.
May 23, 2024
T+1 Starts Tuesday. Be Ready, SEC Chief WarnsGary Gensler extolled the benefits of the conversion, but also urged firms to perform all necessary testing.
May 23, 2024
LPL Adds $4.6B Lincoln Team, $705M Merrill DuoPilot Financial of North Carolina moves with 105 advisors, while the ex-wirehouse duo is based in Oklahoma.
May 22, 2024
Schwab Defends App After Rival Exec Says It 'Sucks'Amid complaints its app "sucks," Schwab says things are going well with users who have migrated.