Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Biden Would Kill SEC's Reg BI: Morningstar Analyst
By Melanie WaddellIf Biden wins, there will be "support for enhancing standards of conduct above Reg BI," said Aron Szapiro, Morningstar policy research head.
September 16, 2020
Treasury's Crime Unit Seeks Comments on AML Rule ChangesPlanned changes would "modernize the regulatory regime to address the evolving threats of illicit finance," FinCEN states.
September 16, 2020
3 Small Ways to Make a Big Impact on Your Virtual TeamWhile there's no one "right way" way to manage your team remotely, our firm has found these measures really make the difference.
September 16, 2020
What Do Raymond James' Layoffs Mean for Advisor Recruiting?The firm added a net 251 advisors in the past year. Will that trend continue as it cuts workers in other roles?
September 15, 2020
Raymond James to Trim Some 500 JobsThe news comes one day after Citigroup said it would cut its global workforce by about 1%.
September 15, 2020
Cheating on Exams Will Get You Barred, FINRA WarnsFINRA plans to issue a reg notice seeking comment on a "new expedited proceeding" rule for reps and nonreps who cheat on exams.
September 10, 2020
FINRA Fines Former LPL, Woodbury Rep Who Accepted Client's GiftsThe broker, now suspended for four months, inherited over $715,000 after her "second cousin once removed" died, the regulatory group says.
September 10, 2020
How Behavioral Finance Can Help Clients and AdvisorsAdvisors using these techniques tend to educate clients about potential volatility and urge them to expect it, according to a recent industry report.