Home Tags Broker

Tag: broker

FINRA Fines Royal Alliance Over Two Brokers Who Stole $3.8 Million...

The Financial Industry Regulatory Authority has fined independent broker-dealer Royal Alliance Associates $400,000 after two of its brokers, acting independently of each other, stole...

Guest Contributor: Where Alts Sponsors Playing in the Retail Space Can...

By Mike Huisman, Head of Alternative Product Solutions at Envision Financial Systems The opportunity for alternative investment sponsors couldn’t be clearer. With most institutions (and...

LPL Recruits Financial Advisors from Sagepoint and Ameriprise

LPL Financial LLC, the nation’s largest independent broker-dealer, has added eight financial advisors to its broker-dealer and corporate registered investment advisor platforms aligned with...

SEC Bars Longtime Broker Who Pled Guilty to Defrauding Retail Investors

The Securities and Exchange Commission has barred a Connecticut investment adviser after he pleaded guilty last month to one count of wire fraud for...

FINRA Releases Questions for SEC’s Reg BI Compliance Review

The Financial Industry Regulatory Authority has released its 2020 risk monitoring and examination priorities letter which highlights the areas of focus for its risk...

LPL Financial Recruits Former MassMutual Team

LPL Financial LLC, the nation’s largest independent broker-dealer, has added the newly named Twenty Four Wealth Management to its broker-dealer and hybrid registered investment...

SEC Obtains Fraud Judgment Against Former Adviser Who Stole $1.9 Million...

The Securities and Exchange Commission has obtained a final judgment against Jay Costa Kelter, a former registered investment adviser and registered representative who was...

LPL Financial Promotes National Sales Exec to Managing Director

LPL Financial LLC, the nation’s largest independent broker-dealer, has promoted Matt Enyedi from executive vice president to managing director of national sales. Enyedi began his...

Concorde Expands Team with Two Senior Executive Hires

Concorde Investment Services, a broker-dealer and subsidiary of Concorde Holdings, has named Lori Kamen as chief compliance officer and Melissa Shrimpton as operations manager. Kamen...

New Hampshire Fines NEXT Financial Over Unsuitable REIT Sales

The New Hampshire Bureau of Securities has fined NEXT Financial Group Inc., a Texas-based broker-dealer and investment adviser, $235,000 for allegedly failing to reasonably...