Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
BNY Mellon's Pershing Unveils NetX360+ Advisor Platform at Insite
By Jeff BermanPershing kicked off the conference Wednesday with a visit from the Dallas Cowboys mascot.
June 13, 2022
Schwab to Pay SEC $186M Over 'No Hidden Fee' Claims for Cash-Heavy RoboIntelligent Portfolios' cash allocations, up to 29%, made money for Schwab while reducing returns, the SEC said.
June 08, 2022
SEC Chief Takes Aim at Payment for Order Flow in Sweeping Plans for Stock MarketsThe plan would be the agency's most direct response to 2021's trading in GameStop and other meme stocks.
June 08, 2022
SEC Weighs Sending Retail Stock Orders to Auctions for ExecutionThe SEC is attempting to rein in payment for order flow.
June 02, 2022
Merrill to Pay Clients $15M for Share Class ViolationsFINRA ordered the firm to pay restitution and interest to thousands of customers related to Class C shares sold over a six-year period.
June 01, 2022
7 Secrets of Top Advisors Who've Successfully Moved Their BooksI've worked with advisors switching firms for years. Here's what the most successful movers have in common.
May 27, 2022
Morgan Stanley Must Pay Client $160K Over Broker's TradingThe wirehouse was found liable for failure to supervise the ex-rep, who must also pay $160,000.
May 26, 2022
UBS Must Pay Clients $1.4M Over YES Options StrategyA FINRA arbitration panel ruled against the wirehouse in another dispute over its Yield Enhancement Strategy.