Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
MSRB Seeks Comment on Dealers That Act as Advisors
By Melanie WaddellThe MSRB is seeking comment on amendments to MSRB Rule G-23 that will prohibit municipal securities dealers that act as financial advisors on new issues of municipal securities from serving as an underwriter for the same issue, the MSRB says.
August 18, 2010
Vanguard's New Target Date Fund Takes Aim at Gen Y'ersGen Y investors will be able to take advantage of Vanguard's latest offering, the Vanguard Target Retirement 2055 Fund.
August 18, 2010
MBA Says Mortgage Refinancings at Highest Point in Over a YearThe Federal Reserve's recent decision to keep the U.S. economy on track by buying longer-term Treasury notes already appears to have garnered at least one positive effect: the rate at which homeowners are refinancing their mortgages.
August 18, 2010
Elliott Wave Forecast From Crash-Predictor Prechter Goes ViralBuzz about the Elliott Wave went viral over the last week as media groups and bloggers talked about Robert Prechter's forecast for U.S. stocks.
August 17, 2010
U.S. Trust Adds Wealth Management Executives in Northeast RegionU.S. Trust has appointed three executives to its northeast division, the firm announced Tuesday.
August 17, 2010
Buddy Donohue, SEC's Investment Management Director, to Leave Agency in NovemberAndrew "Buddy" Donohue, director of the Securities and Exchange Commission's Division of Investment Management, is leaving the agency in November.
August 17, 2010
RBC Advisor Services Appoints Christian Wid?n Senior Vice PresidentRBC Advisor Services continues to expand. The custody, brokerage and wealth management provider for RIAs announced that Christian Wid?n has joined the firm as a senior vice president.
August 17, 2010
Broadridge to Buy NewRiver, an Electronic Prospectus PioneerBroadridge Financial Solutions, Inc. announced that it has signed an agreement to acquire NewRiver, Inc., a leader in electronic investor disclosure solutions, for approximately $77 million.