UBS

The bank, which has about 1,000 financial advisors and relationship managers in the U.S, will drop the agreement on January 8.

The broker engaged the client in 11 private securities transactions involving private equity and debt securities in companies spanning a wide variety of industries, FINRA alleged.

The aim of the so-called systematic internalizer is to lift some of the regulation’s most onerous reporting requirements from its trading partners.

The UBS advisor switched firms before his old employer officially exited the Broker Protocol.

Morgan Stanley and UBS's exit from the accord spurred a number of advisors to move up their planned career changes.

The advisors made their career change just prior to UBS's exit from the Broker Protocol on December 1.

They're the latest mega group to join the boutique wealth manager.

The moves occurred in the days before the firm's planned exit from the Broker Protocol.

The move occurred just days before UBS said it would exit the Broker Protocol.

With two wirehouses out, questions arise as to whether Merrill Lynch will follow suit.