Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Pandemic Raises Risk of Advisor Misconduct, SEC Warns
By Melanie WaddellFor example, advisors might be more likely to borrow money from a client or make a conflicted rollover recommendation, the SEC says.
August 11, 2020
Securities America's CEO Re-Elected to FINRA BoardJim Nagengast first joined the board in 2018, when he was elected by large firms via a special election.
August 10, 2020
Interactive Brokers Paying $38M to Settle Mix of ChargesThe firm repeatedly violated anti-money laundering rules and failed to flag suspicious microcap securities trades, regulators say.
August 10, 2020
What Lower Rates Mean for Investors & Their Retirement PlansI've got some bad news for you about the historical trend — and some good advice on what you can do about it.
August 07, 2020
FINRA Suspends Ex-Merrill Rep Who Hid Felony IndictmentThe former broker also was sanctioned by the regulator for alleged unauthorized trading in client accounts.
August 06, 2020
DOL Denies Request to Extend Comment Period, Hold Hearing on Fiduciary RuleSen. Patty Murray says hearings on the proposals are required by law.
August 06, 2020
Ex-LPL Rep Suspended for Falsifying FormsFormer broker electronically signed a colleague's name repeatedly instead of his own, FINRA claims.
August 06, 2020
DOL Should Scrap Fiduciary Rule Plan: RoperConsumer Federation of America says plan allows for conflicted advice and gives most rollover recommendations a "regulatory free pass."