Much of the time, they are acting as a broker-dealer.    From Wordnik.com.  [Financial firms' roles toughen legislative task] Reference

Mr. Madoff said he operated as a broker-dealer and an investment adviser.    From Wordnik.com.  [SEC Moves to Fix Its Blind Spots] Reference

Shares of broker-dealer Lehman Brothers Holdings fell 2.03, or 14%, to 12.40.    From Wordnik.com.  [Bank Fears Continue] Reference

Shares of broker-dealer Lehman Brothers Holdings fell 2.01, or 8.8%, to 20.84.    From Wordnik.com.  [Fannie, Freddie Lead] Reference

Barclays acquired Lehman's broker-dealer unit after Lehman's bankruptcy filing.    From Wordnik.com.  [Evergreen Solar Says Lehman Improperly Sold Stock to Barclays] Reference

Didn't anyone at the broker-dealer notice that that there were no trades going through?.    From Wordnik.com.  [Jill Schlesinger: Madoff: 150 Years Doesn't Seem Like Enough] Reference

A broker-dealer helps clients who already have an investment strategy carry out that strategy.    From Wordnik.com.  [Financial firms' roles toughen legislative task] Reference

While SecondMarket is a broker-dealer, it doesn't take positions in any of these transactions.    From Wordnik.com.  [Auction-Rate Yard Sale] Reference

If you looked at the bottom of your "statement," you'd find Madoff's broker-dealer firm's name.    From Wordnik.com.  [Charles H. Green: Madoff: Investment Fund, or Virtual Reality Game?] Reference

A broker-dealer since 1999, NEXT has more than 960 active registered representatives nationwide.    From Wordnik.com.  [How Safe Are Your Personal Data] Reference

This column incorrectly said Liquidnet is the largest dark pool not operated by a broker-dealer.    From Wordnik.com.  [Watch Out for Sharks in Dark Pools] Reference

But according to TradeTheNews, Lehman says Barclays is still interested in its broker-dealer unit.    From Wordnik.com.  [Get Briefed: Robert Diamond Jr.] Reference

Jean Buttner must end her association with the firm's money-management and broker-dealer businesses.    From Wordnik.com.  [Pechter Bids for Value Line Unit] Reference

Conflicts of interest were present in the situation of a funds manager using a related broker-dealer.    From Wordnik.com.  [Charles H. Green: Why Hedge Funds Got Played for Suckers by Madoff] Reference

When these outfits change broker-dealer affiliation, they stay in the same office and hang a new shingle.    From Wordnik.com.  [How Safe Are Your Personal Data] Reference

That letter essentially blessed using the accounting method for Lehman's European broker-dealer under English law.    From Wordnik.com.  [Fuld: SEC, Fed Knew All] Reference

The MarketBeat column Tuesday incorrectly said Liquidnet is the largest dark pool not operated by a broker-dealer.    From Wordnik.com.  [Corrections & Amplifications] Reference

You also use a local broker-dealer to do short-term investment of funds for the benefit of your credit union members.    From Wordnik.com.  [Dr. Sasha Galbraith: The Financial Reform Bill May Get You "342-ed"] Reference

Over time, this feature will likely lower Tier 1 FHCs 'cost of borrowing, a big driver of broker-dealer profitability.    From Wordnik.com.  [Are Large Banks Now Too Big to Foil?] Reference

Arlen Specter (Pa.) and Ted Kaufman (Del.) are trying to amend the Senate bill to restore the broker-dealer requirement.    From Wordnik.com.  [Financial firms' roles toughen legislative task] Reference

At its simplest, a broker-dealer helps an investor who has decided to buy shares in a company's stock locate shares to purchase.    From Wordnik.com.  [Financial firms' roles toughen legislative task] Reference

"Being independent, with no broker-dealer affiliation, and fee-only, we're able to consider any type of investment," Ruhlin adds.    From Wordnik.com.  [Budros, Ruhlin & Roe] Reference

Look for one who custodies assets with a large broker-dealer and invests in low-cost exchange-traded funds or index mutual funds.    From Wordnik.com.  [Wrap Account Ripoff] Reference

The broker-dealer is trying to clean its balance sheet of some of the same mortgage securities that dragged Lehman into the mire.    From Wordnik.com.  [Lehman Slides 42%;] Reference

Never mind his broker-dealer business model was under-powered to take advantage of his supposed insights, casting doubt on his motives.    From Wordnik.com.  [Charles H. Green: Why Hedge Funds Got Played for Suckers by Madoff] Reference

Fiscal second-quarter profit fell 60% as some major trading positions in the oil and electricity space worked against the broker-dealer.    From Wordnik.com.  [Fifth Third Falls 27%,] Reference

Lehman Brothers Holdings rose 1.15, or 5.8%, to 20.96, rebounding a session after the broker-dealer closed at its lowest level since 2000.    From Wordnik.com.  [GM Paces Blue Chips,] Reference

Whereas a broker-dealer has to observe standards which include an obligation to make recommendations that are "suitable" for their clients.    From Wordnik.com.  [Schapiro tells the opposition she's moving forward with reg reform] Reference

We understand that Yamaichi's U.S. broker-dealer is being liquidated and we expect that this will be achieved smoothly and without disruption.    From Wordnik.com.  [Press Briefing By Berger Tarullo Steinberg Summers] Reference

He also owns and serves as a director of Chain Bridge Securities, a broker-dealer that offers investors interests in real estate partnerships.    From Wordnik.com.  [Dwoskin Named To Securities Investors Protection Corp] Reference

Often, the line between broker-dealer and investment adviser can blur -- especially when dealing with more complex financial products or strategies.    From Wordnik.com.  [Financial firms' roles toughen legislative task] Reference

But preventing a run was not among the reasons Congress long ago gave the SEC the power to regulate the capital of an investment bank's broker-dealer.    From Wordnik.com.  [A Brave New World for Financial Regulation] Reference

"We don't have access to that document, nor have we received any feedback from the SEC on our examinations of the Madoff broker-dealer," said Nancy Condon.    From Wordnik.com.  [Madoff Chasers Dug for Years, to No Avail] Reference

He is also president of Millennium Wave Securities LLC, a registered broker-dealer, introducing broker, commodity pool operator and commodity trading advisor.    From Wordnik.com.  [Next Week's Guest: John Mauldin] Reference

The Federal Reserve said it would extend additional lending to the broker-dealer arms of the two firms, as well as to that of Merrill Lynch, as they make the transition.    From Wordnik.com.  [Crude Oil Surges;] Reference