Tag: Broker/Dealer

Westrock Names Hunter CEO

Westrock Group, Inc., a financial services holding company, named Donald H. Hunter, Jr., as CEO and president of the firm and its wealth management subsidiary, Westrock Advisors, Inc.

Ameritas Broker Suspended for Misleading Customers

The Financial Industry Regulatory Authority (FINRA) has fined Ameritas Investment Corp. $100,000 and suspended and fined one of its brokers for inducing customers to take on additional home equity debt in order to purchase variable universal life insurance policies (VULs).

NAIBD Remakes Web Site

The National Association of Independent Broker/Dealers (NAIBD) launched a new Web site that it said offers a more comprehensive members-only section.

MetLife Unveils B/D Processing System

The MetLife Broker-Dealer Group has launched an electronic business processing system for its broker/dealer operations known as eApp (electronic application) and eApp with electronic signature option.