Broker-dealer firms are worried about increased audit costs in the wake of the Bernard Madoff scandal. The Securities and Exchange Commission at the end of 2008 let lapse an exemption that allowed ...

In the future, will people have relationships with their financial advisors or with the advisors’ broker-dealers, custodians and other affiliated businesses? It’s an uncomfortable question. Clients ...

Private-equity funds continue to show interest in small to midsize financial services firms — this time with such a buyer snapping up a small clearing firm and making a bid for a holding company for ...

Not that long ago there were 6,000 broker/dealers registered with FINRA. Now there are 4,000. Is there a future for the small and mid-sized broker/dealer? Bill Singer speaks to Martin Kaplan, partner ...

Insurance agents were twice as likely as broker-dealers and registered investment advisors to run afoul of state regulators. Small RIAs faced the most enforcement actions, according to NASAA’s new ...

NEW YORK--(BUSINESS WIRE)--Leading global professional services firm Alvarez & Marsal (A&M) announces the appointment of Anthony Italiano as Managing Director and Co-leader of its Broker-Dealer ...

Financial advisors affiliated with a broker-dealer are far more likely than other advisors to say they will definitely leave their firm this year. That was among the findings in this month's Financial ...

The Financial Industry Regulatory Authority, in a bid to rein in pump-and-dump schemes, is conducting a targeted sweep of broker-dealers involved in small-cap offerings by small foreign companies, ...

Despite limited regulatory requirements to intervene, broker-dealers face exposure to discipline and liability claims when elderly clients fall victim to financial exploitation. In an environment of ...