Broker-Dealers

The new president of the North American Securities Administrators Association said the organization needs to continue to fight efforts to preempt the power of state ...

A new investor bulletin from the SEC encourages investors to ask financial professionals they're thinking of using about their disciplinary history.The bulletin advises that the ...

For the third time in four years, the U.S. Supreme Court will hear a case involving an investment adviser that could have broad ramifications for ...

If you provide individual brokerage accounts in participant-directed retirement plans, expect the plan sponsor to approach you and seek certain information about your fees and ...

Firms are grappling with a provision in FINRA's new suitability rule that categorizes an explicit recommendation to hold securities as one that must comply with ...

If you allow reps to use a block trading account, make sure you adequately monitor the trading in it. Gaps in one firm's oversight enabled ...

Gary Goldsholle, vice president and associate general counsel at FINRA,is headed over to the Municipal Securities Rulemaking Board, where he will be general counsel. At ...

FINRA last week fined Merrill Lynch, Pierce, Fenner & Smith Inc. $500,000 for supervisory failures that allowed for widespread deficiencies in connection with filing hundreds ...

Sometimes silence isn't golden. Keith Daubenspeck listened as his co-founder of Advanced Equities ($867M in AUM) in Chicago, Dwight Badger, told lies during two sales ...

The SEC has extended until Sept 30, 2013 its temporary registration rule for municipal advisors (BD Week, Sept. 24, 2012). The action buys the Commission ...