Displaying 174 results
Massachusetts securities regulator Galvin hits two broker-dealers and brokers with complaints
It's part of an industry sweep that targeted firms with an above-average number of reps with current misconduct reports on their records.
Biopharmaceutical Fortress Biotech to buy an independent broker-dealer
National Holdings Corp. said it reached an agreement to be acquired by Fortress, a biopharmaceutical company.
Broker-dealer to pay $225,000 for mutual fund sales violations
PNC Investments didn't waive sales charges in some funds, and didn't have adequate supervisory procedures in place to catch the lapses, Finra said.
Independent broker-dealers facing a number of looming regulatory changes
Coming 12 to 24 months could divide the industry into winners and losers — firms that will be able to adapt, and those that might fall by the wayside. (More: Top Independent Broker-Dealers 2016 special report)
Innovative Firm finalists
See the finalists for the Innovative Firm awards, which highlight broker-dealers, custodians, fintech firms, asset managers, wirehouses, RIAs and other companies
Finra kicks out broker-dealer, bars CEO for Ponzi scheme that snared pro athletes
Finra has barred a broker-dealer and its founder for allegedly defrauding a number of current and former NFL and NBA players out of nearly $14 million as part of a Ponzi scheme
Wunderlich acquires wealth management assets of Dominick & Dominick
The transaction follows several similar deals in recent months, and the trend is likely to continue.
B-D exec fleeced church, paid horse farm: SEC
Commission claims Waters took in cash for bogus funds, spent the money
Though barred, rogue brokers often find work
Keeping track of rogue brokers is a tricky business, particularly when they leave or are booted from the confines of the securities industry, but keep peddling financial products.
SEC releases order routing report
Payment for order flow and internalization of retail options orders to affiliated dealers by brokerage firms has become more pervasive, the Securities and Exchange Commission found in a study
Fee revenues cushion slump for broker-dealers
In a business that’s traditionally been feast or famine, broker-dealers are facing lean times as the stock market…
Short Interests: Greed motivates brokers’ shenanigans
Many investors say they are happy with their brokers. Even so, they have strong concerns, according to the latest survey of investors by the Securities Industry Association of Washington.
Stockbroker gives advice the old-fashioned way: Jordan Berlin singing a new old tune
The E*Trades of the world may insist that someday we'll all invest on-line, but Jordan S. Berlin doesn't buy it.
INDUSTRY LAYOFFS LIKELY A `90S HIGH: DESPITE THE BOOM, MANY OUT ON STREET
Stewart Ragar's future seemed boundless when he landed a job back in 1994 as Daiwa Securities' Latin American equity analyst.
