Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
SEC Changes Policy on Admission of Guilt in Fraud Cases
By Melanie WaddellThe new policy, according to the SEC, does not require admissions or adjudications of fact beyond those already made in criminal cases, but eliminates language that may be construed as inconsistent with admissions or findings that have already been made in the criminal cases.
January 06, 2012
Jan. 18 Webinar to Focus on Key Issues, Strategies for Advisors in TransitionUnique data, insights and strategies for advisors considering a change to be addressed in latest AdvisorOne web seminar.
January 05, 2012
Private Equity Firms Snapping Up IBDsThese are tough times for the independent broker-dealer space. Pacific Wests announcement in early December that it was discontinuing operations was the latest in a string of similar announcement from small to medium size firms.
January 05, 2012
COR Securities Buys Clearing Firm LegentCOR Securities Holdings announced Tuesday that it has acquired independent securities clearing firm Legent Clearing.
January 03, 2012
LPL Financial to Acquire Alternative Investment Firm FortigentFortigent will continue to operate autonomously from its Rockville, Md., headquarters and its existing management team will remain in place, reporting directly to Robert Moore, LPL Financial's CFO.
January 02, 2012
Insurer-Owned B-Ds Slowly Fading Away? (InvestmentNews)The future looks bleak for independent broker-dealers owned by insurance companies, according to one group of industry executives.
January 02, 2012
Former SEC Exam Chief Walsh: SEC Whistleblower Program 'Showing Traction'The former chief counsel at the SEC's exam division, John Walsh, has formed a Whistleblower Response Team with several of his colleagues to help firms develop whistleblower response programs as the SECs 'initiative is beginning to show traction.'
January 01, 2012
The Advisor's AdvocateThe beginning of a new year is always a good time to catch up with Dale Brown, president and CEO of the Financial Services Institute.