Move designed to create distance between investment creation and distribution.
Shares of company nontraded REIT czar is using to build a B-D empire have more than doubled since beginning of December .
Database omits bankruptcies, tax liens, and other vital information, lawyers group claims
Finra reports that suitability fines and customer complaints have dropped as the financial crisis has faded further into the rearview. It's not all smooth sailing, however, as new regulatory priorities have emerged.
Combined company is the largest publicly traded net-lease REIT, with value of $21.5B
HighTower Alliance to offer independence, access to firm's investment platform, BD services.
Stifel, subsidiary broker-dealer agree to pay fines and restitution for sales of nontraditional funds.
Laurie C. Kamhi is breaking away from Merrill Lynch Wealth Management's Private Banking and Investment Group, where she managed $320 million for well-heeled clients and institutions.
IBDs and wirehouses split on potential regulation to reveal recruiting packages
Signator moving from career agency to IBD model
Outgoing regional director Ron Sallet had talks with Dynasty, sources say.
Investors and regulators are more tuned in to fraud now than in the days of the big boiler rooms.
CEO's departure is second big change in four months.
Triad Advisors, Securities America failed to supervise reps who created and sent inaccurate consolidated account statements to clients, regulator says.
The New Hampshire Bureau of Securities Regulation accused the firm of unlawfully soliciting clients on do-not-call lists
In some cases, the failure to supervise rests with the adviser, not the firm, senior director says.
Focus hires $250 million team, on the heels of the departure of $550 million team to Raymond James.
30-rep Argentus Securities squeezed by regulatory woes, tight profit margin.
In a dispute focused on real estate investments, the indie B-D and a former broker 'breached fiduciary duty, were negligent,' complaint says. Big award comes with split decision.
Broker-dealers are no longer considered a necessary step on the road to RIA, says Bernard Clark, head of the adviser services division at Charles Schwab.
