Helen Kearney

Since the Protocol for Broker Recruiting was established in 2004, the practice of firms routinely suing one another when advisers defect has largely faded away.

The Financial Industry Regulatory Authority wants to expand the scope of its Broker Check service to better protect consumers from rogue brokers.

Wachovia Securities has been ordered to pay $1.1 million in attorneys' fees and costs after an arbitration panel dismissed its latest claim of raiding against the St. Louis brokerage Stifel Nicolaus & Co.

As Morgan Stanley Smith Barney and UBS AG move to more complex management structures, some branch managers are scrambling to rebuild their client books.

Robert McCann has settled his lawsuit with his former employer Bank of America/Merrill Lynch today, clearing the way for him to possibly head up the U.S. brokerage arm of UBS.