Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Raymond James Execs Court Morgan Keegan Advisors, Staff
By Janet LevauxRaymond James moves to assure, retain Morgan Keegan FAs, branch managers and administrative personnel.
January 16, 2012
Supreme Court Rules in Favor of Arbitration–AgainLast Tuesday, the Supreme Court ruled in Compucredit Corp. v. Greenwood in favor of what the law firm Sutherland Asbill & Brennan says is the latest in a series of opinions that have 'come down firmly on the side of the enforceability of consumer arbitration agreements.'
January 16, 2012
Industry Groups to DOL: ‘Clarify’ Fiduciary IRA RequestIndustry trade groups told the DOL in a Jan. 12 letter that it would be impossible for them to provide data concerning conflicts of interests that brokers face in advising IRAs by Jan. 15.
January 16, 2012
Fiduciary Debate: What if Doctors Could Act Like Advisors?Wherein our intrepid blogger applies the logician's reductio ad absurdum argument to the current debate over applying the fiduciary standard to brokers, or not.
January 13, 2012
Apologies for the Technical DifficultiesTo our valued readers: Sincere apologies for the technological difficulties at LifeHealthPro this week.
January 12, 2012
Raymond James to Buy Morgan Keegan for $930 MillionThe final purchase price is tied to the retention of advisors, while the overall deal includes special provisions related to legal issues and costs.
January 11, 2012
IRS Reopens Offshore Tax Disclosure ProgramWealthy get a third chance to come clean, after previous programs collected more than $4.4 billion.
January 09, 2012
Cetera Financial to Acquire Genworth FIS Broker-DealerFirm that focuses on tax professionals as advisors will become fourth BD at Cetera.