Broker Financial News

A minority stake in one the largest broker-dealers in the United States could be sold off by its private equity owners, according to a report by Bloomberg.

A critical Supreme Court case and its ruling could redefine the taxation of digital assets. Intersecting with the vexed IRS broker rule announced earlier, this case may potentially reshape crypto tax reporting and compliance on a fundamental level.

The prospective new owner of the Dallas Mavericks is one of the richest women in the world, a Las Vegas casino mogul, and a U.S. and Israel power broker and newspaper publisher

The man charged with shooting three college students over the holiday weekend in Vermont has had a peripatetic, on-again, off-again career in the retail securities industry, working as a registered broker at five different firms over more than two decades.

Bankoh Investment Services Inc., the broker-dealer subsidiary of $23.5 billion Bank of Hawaii, has announced a multiyear secondary clearing arrangement with Atria Wealth Solutions subsidiary Sorrento Pacific Financial.

tech glitch affected scores of its users on November 6, Zerodha issued a statement noting that 20 percent of its client base faced issues that were linked to one of the independent “silos". “At the market opening today, 20 percent of our clients first experienced issues checking the status of their orders and then with placing orders," the discount broker said. “This issue was limited to one of the many independent ‘silos’ which are designed to operate independently, which is why 80 percent of the clients were unaffected," it clarified.

(This is a developing story. Check back for updates)Milestone Alert!Livemint tops charts as the fastest growing news website in the world

According to data analysis by The Associated Press and the Rainforest Investigations Network, a nonprofit reporting consortium, an American company is among the key beef suppliers and distributors contributing to the destruction of the Amazon rainforest

A Southern California registered representative and a broker-dealer executive on Monday lost an arbitration claim of a little more than $1 million in damages to an investor who bought GWG Holdings Inc. L bonds in 2018.

China has stepped up efforts to pitch itself as a neutral broker for Mideast peace. China's top diplomat called his Israeli and Palestinian counterparts Monday, urging restraint. A Chinese envoy is traveling in the Middle East, pledging to help avert a wider war. At the United Nations on Wednesday, China vetoed a resolution on the war that did not call for a cease-fire.

Thomas Brenner, a former broker, has been sentenced to more than 10 years in prison by a federal judge in Ohio after pleading guilty to securities fraud that enabled him to acquire funds to pay for a race car and finance back taxes.

stock exchanges, the Securities and Exchange Commission (SEC) is set to propose a proposal targeted at eliminating pricing practices that have typically benefitted larger broker-dealers. This plan, which will be voted on during a public hearing in Washington, seeks to limit the practice of stock exchanges giving lower transaction fees and incentives to brokerages with bigger trading volumes, a practice that has historically given larger businesses an unfair competitive advantage. The SEC's motivation behind this initiative is to address the intricate and unequal pricing tiers that exist among various exchanges, often resulting in substantial cost discrepancies for different brokerages. These current pricing structures, as outlined by SEC officials, have evolved into complex systems that prove challenging for market participants to decipher. One of the key purposes of this new regulation is to prevent conflicts of interest that arise when brokerages execute orders in a way that prioritizes their own interests above the interests of their clients.

A federal judge last week denied a broker’s effort to stop Finra from disciplining him.

The prosecuting attorneys in the criminal case against former FTX CEO Sam Bankman-Fried, also known as SBF, have started to call witnesses.

A Los Angeles-based broker who was a big seller of GWG Holdings bonds is facing a staggering $7.85 million in investor lawsuits as GWG winds its way through bankruptcy proceedings and no one knows what the bonds are worth.

₹200 to open a demat account. In its update, Zerodha explains why it has kept the account opening charge at a nominal rate. ‘’There is an actual cost (KYC, documentation, eSign, human verification, etc.) that is incurred while opening an account.

Architect Financial Technologies, the startup founded by former FTX US president Brett Harrison, will provide derivatives brokerage services following its Architect Financial Derivatives subsidiary receiving approval from the National Futures Association (NFA) to operate as an independent introducing broker. The company is eyeing both the cryptocurrency derivatives market and the traditional market, Harrison said.

XM trading review published on the TU website, the broker is ranked 9th out of 349 companies (overall score – 9.22 points out of 10). On the information portal you will find not only material with basic facts about the financial partner, but also be able to read reviews from real clients. XM trading has certain technical advantages that distinguish this company from its competitors.

IC Markets broker review, it not only covers trading conditions in detail but also provides a guide on registration, training, and other valuable resources. Choosing the right trading account with IC Markets is essential to ensure you get the best experience. Let's dive into the details of the three main account types they offer, breaking down their features: If you're considering trading on IC Markets platform and are unsure about getting started, we've got you covered.

₹4.5 crore -- in posh Sector 30 of Noida on Sunday, while his wife Renu Sinha (61) objected to it.Sinha allegedly strangled his wife to death around 9.30 am after the heated argument. Such fights had become frequent between them. The wife suffered from cancer and had a fragile health condition while their son worked and lived in the US, officials said.

The U.S. Securities and Exchange Commission (SEC) oversees the registration of broker-dealers, individuals or firms engaged in buying and selling securities. This registration ensures adherence to federal securities laws and SEC rules, safeguarding market integrity and investor confidence.