Anthony Diaz, under federal indictment for fraudulent sales of alternatives, embodies the criticisms of the likes of Sen. Elizabeth Warren.
Latest lawsuit alleges widespread misuse of investor funds abetted by the brokerage firm.
Clients accused Lee Weiss of recommending an unsuitable investment in a Polish tobacco company.
National Holdings Corp. said it reached an agreement to be acquired by Fortress, a biopharmaceutical company.
CEO Ron Kruszewski says margins were lower in the wealth management group because of its recent acquisition's independent advisers.
Records of thousands of clients were exposed to foreign hackers, regulator claims.
James 'Jeb' Bashaw charges broker-dealer trumped up charges to steal his lucrative practice in Houston.
Pershing COO says B-Ds are caught in a vise and need help with easing internal expenses.
Claims institutional investors are committed to the independent broker-dealer business.
