Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FINRA Announces Delay in Online Test-Taking Registration
By Melanie WaddellThe broker-dealer regulator said late Sunday that it needs more time to pilot the online test-taking program.
May 08, 2020
FINRA Sees Operating Revenue Flat in 2020FINRA is again projecting that its expenses will exceed operating revenue for the year.
May 08, 2020
FINRA Seeks to Pay All Disciplinary Hearing Panel MembersCurrently, the chief hearing officer has discretion to compensate those who serve on extended hearing panels only.
May 08, 2020
Registration Starts May 11 for FINRA, NASAA Online Test TakingFINRA has also filed a proposed rule with the SEC to allow for certain documents to be delivered via email.
May 07, 2020
SEC Fines Bloomberg Tradebook $5MThe broker misrepresented its order routing practices, the SEC said.
May 07, 2020
Ameriprise Tops Q1 Estimates as Wealth Unit Sees 'Strong Client Activity'It has some 9,878 independent and employee advisors, up 7 from the prior quarter.
May 07, 2020
Raymond James Adds $507M UBS Advisors: Recruiting RoundupMeanwhile, LPL picks up another group from Securities America; this one is based in Texas.
May 06, 2020
PPP Loan Distribution Doesn't Reflect Need: New York FedResearchers found a surprising explanation for the disparity.