Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
UBS Plans to Cut Over Half of Credit Suisse Workforce
By Marion Halftermeyer, Laura Benitez & Myriam BalezouBankers, traders and support staff in Credit Suisse's investment bank in several locations should likely bear the brunt of the cuts.
June 22, 2023
JPMorgan to Pay $4M Over 47 Million Deleted RecordsThe SEC alleges that JPMorgan Securities permanently deleted the electronic records, including emails and instant messages.
June 22, 2023
How to Help Employee Advisors Who Want More IndependenceFor many advisors, independence is just a bridge too far. But greater autonomy and control are often closer than they realize.
June 21, 2023
Advisor Group Has a New NameThe company will unite its eight firms into one entity over the next 18-24 months.
June 20, 2023
Emojis Could Prompt a Customer Complaint, FINRA Exec WarnsWhile FINRA isn't planning emoji-related enforcement, its exam chief urges BDs to consider "novel issues" in texting.
June 16, 2023
FINRA Exams Are Changing, Execs SayFINRA is conducting more on-site exams, but examiners will spend less time on-site.
June 16, 2023
Schwab Robo-Advisor Hidden Fees Case Moves to Federal CourtThe lawsuit cites an SEC order last year requiring Schwab to pay nearly $187 million for misleading statements.
June 16, 2023
Ex-LPL Broker Fined, Suspended for Not Disclosing Child Sex Abuse ChargeFINRA suspended the ex-broker for five months and fined him $5,000.