WASHINGTON - Bank-employed brokers who sell mutual funds and other securities will soon be subject to the same licensing requirements as their Wall Street counterparts.

The new licensing requirements result from an agreement between banking and securities regulators, who recently worked out their differences over the touchy issue of how bank brokers should be trained.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.