Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Schwab Mandates E&O Insurance for RIAs
By Jeff BermanSchwab's new policy was driven by increased operational risks as advisory firms expand, it says.
October 08, 2021
FINRA Clarifies Video Use, Links in Ad Rule FAQThe FAQ also addresses "targeted return" projections.
October 07, 2021
Morgan Stanley Must Pay Over $100K to Client: FINRA Arb PanelThe client said the wirehouse failed to supervise when unsuitable investments were made on her behalf.
October 07, 2021
Merrill to Pay $850K FINRA Fine Over Short Sale ViolationsThe wirehouse misapplied the SEC-approved Multi-day Approach on at least 6,000 occasions, FINRA alleged.
October 06, 2021
BlackRock Adding Annuities to 401(k) PlansThe firm expects over 120,000 U.S.-based 401(k) plan participants will be able to access the annuity option starting in 2022.
October 06, 2021
20 U.S. Companies With Digital Asset Exposure: BofAIn several sectors, stocks tied to digital assets could see their market value expand, BofA says in a new report.
October 06, 2021
FPA Launches Support Community for Neurodivergent Financial PlannersThe Neurodivergent Planner Knowledge Circle will explore the needs of planners with autism, ADHD, dyscalculia, dyslexia, Tourette syndrome and other learning variations.
October 06, 2021
FINRA Bars Ex-Primerica Broker Charged With Elder TheftThe former broker allegedly misappropriated two older siblings' funds, bilking them out of over $1.5 million, says a New Jersey prosecutor.