Consolidation among independent broker-dealers is inevitable, according to Cetera Financial Group chief executive Valerie Brown, and the inability or unwillingness of firms to stay open is benefiting her firm.
Stop us if you've heard this one before: Another B-D that sold Provident private placements has ceased operations.
Couglin, Harrison fined $50K each, suspended for two years; 27 firms that sold preferred shares have closed