Wirehouse Firms
Learn the ins and outs of the wirehouse channel, including news, analysis and more on Bank of America-Merrill, Morgan Stanley, Wells Fargo and UBS.
Group Sues SEC Over Collection of Investor Data
By Melanie WaddellThe gathering of such personal information "is an unnecessary and substantial risk to the privacy of American investors."
May 14, 2020
RBC Nabs $600M UBS TeamThe wealth firm says COVID-19 shelter-in-place restrictions have "not slowed" its recruiting pace.
May 12, 2020
Morgan Stanley to Pay $5M Over Wrap-Fee IssuesThe SEC says the wirehouse often directed clients' trades in ways that led to extra transaction charges from 2012 to 2017.
May 11, 2020
FINRA Announces Delay in Online Test-Taking RegistrationThe broker-dealer regulator said late Sunday that it needs more time to pilot the online test-taking program.
May 08, 2020
Court Expedites Reg BI Oral ArgumentsThe case brought by XY Planning Network and the state AGs shall be heard on June 2.
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.