FINRA has barred an ex-Stifel broker who has cost his former employer well over $100 million…
Tag: Broker dealers
Ondo to Acquire Regulated Broker for Tokenized Stock Launch
Tokenization platform Ondo Finance said it agreed to buy Oasis Pro, a regulated brokerage platform, laying…
Atria layoffs shed light on LPL’s M&A strategies
Even as LPL commits to keeping Commonwealth Financial Network mostly intact after buying it later this…
Commonwealth recruits big team ahead of LPL purchase
Commonwealth Financial Network’s looming acquisition by LPL Financial isn’t halting its recruiting engines, as evidenced this…
Weighing the chances of RIA arbitration reform
Investor advocates are cheering an attempt to place stricter limits on how RIAs can use arbitration…
LPL, Edward Jones, others to pay $9M-plus for overcharges
LPL Financial, Edward Jones, RBC, Stifel and TD Ameritrade are paying up to settle allegations they…
PIABA decries new FINRA arbitrator criteria
Investor advocates are up in arms about a FINRA rule change they contend could prevent aggrieved…
Supreme Court OKs FINRA’s pursuit of Alpine case
The Supreme Court let the Financial Industry Regulatory Authority proceed with disciplinary proceedings against the embattled…
Stifel challenges $133M award, claiming arbitrator bias
Stifel is asking a court to toss out a nearly $133 million arbitration penalty, alleging that…
FINRA feels broker pushback on side-business proposal
Brokers and industry groups are greeting a FINRA proposal meant to relax advisors’ obligation to report…
LPL CEO not worried about rivals for Commonwealth advisors
LPL CEO Rich Steinmeier has seen the offers other firms are making to Commonwealth Financial advisors…
The perks and pitfalls of Raymond James’ equity offers
Raymond James is offering its independent advisors a deal: If they need cash to invest in…