Finra plans to modify its heightened supervision plans for the 77 broker-dealers who reached such settlements with the SEC prior to 2025, according to a Thursday blog post by Finra President and Chief ...

The company's advisor ranks stood at 29,493 at the end of March, which was 2.1% more than at the end of December and 28.9% more on a year-over-year basis, according to LPL's first-quarter earnings ...

The SEC had sought $2 billion in fines and penalties, but while U.S. District Court Judge Analisa Torres ruled in the commission's favor, she only ordered Ripple to pay $125 million. Both the SEC and ...

A veteran Merrill Lynch market supervision manager has failed in her attempt to expunge an old customer complaint from her record.

UBS will discontinue two major pieces of its digital wealth offering in the coming months, the company said in its latest disclosure brochures filed with the Securities and Exchange Commission.

Mercer Global Advisors announced the addition of two registered investment advisory firms and says it has now acquired more than 100 firms since embarking on its "inorganic growth strategy" nine years ...

Raymond James, by contrast, provides "the best of both worlds" with the scale of more than 8,000 advisors domestically in its Private Client Group who collectively manage $1.5 trillion in assets and ...

Coming from Merrill Lynch, financial advisors David Towers and Jason Capron joined Wells' Private Client Group in Syracuse, New York. The team, known as the Towers Capron Group at Merrill, has $1.6 ...

By Bloomberg's count, which includes its own reporting and analysis of FedScope data year-to-date, the SEC has been the least affected, shedding fewer than 300 staff this year, while the FDIC lost ...

The Financial Industry Regulatory Authority has barred an ex– Merrill Lynch financial advisor who left the firm earlier this year amid allegations of having misappropriated a client's funds.

Financial services industry lobbying group Finseca doesn't believe that a repeal of the estate tax, being floated yet again by Republicans and supported by more than 200 groups, is the best solution ...

Cetera is bringing an artificial intelligence-powered meeting assistant for its more than 12,000 financial professionals.