Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
SEC Slams Ex-Broker for Misappropriating $1.15M of Seniors' Funds
By Jeff BermanThe former American Portfolios Financial Services rep deposited clients' money into his own account rather than invest it, the regulator said.
July 21, 2020
Kestra Taps Stephen Langlois as PresidentThe eMoney, Fidelity and LPL veteran will lead broker-dealer and RIA operations, as well as innovation for the firm's platform.
July 21, 2020
SEC Nominee Crenshaw Details Reg BI Compliance PrioritiesFirms need to be held accountable when they fail to comply, Crenshaw said at her nomination hearing.
July 20, 2020
Pershing Taps Former Goldman Sachs Exec as COOEmily Schlosser replaces Jim Crowley as compliance chief a year after the former CCO was tapped to lead the BNY Mellon business.
July 20, 2020
Former Morgan Stanley Advisor Pleads Guilty to $6M FraudThe former rep will pay $4.4 million and could spend 20 years in prison, the Justice Department says.
July 20, 2020
Ex-Next Financial Rep Charged Over Risky Client InvestmentsThe former broker "used dishonest sales practices" to sell nontraded REITs and other alternative investments, state regulators say.
July 20, 2020
Invest in Others Awards Finalists AnnouncedAwards will be presented digitally, one a day, from Sept. 21 to 25.
July 17, 2020
Ex-Wells Fargo FiNet Rep Suspended for Altering Docs, Using Private EmailThe then-advisor had clients sign incomplete documents so he could "fill in missing information," FINRA says.