Coming or going?

What you don’t know costs you money.

One would hope that stock brokerages would pick the place to route their clients’ stock transactions based upon the performance of those exchanges and other trading spots.  Would it surprise you to learn that some of those brokerages pick the sites based on who pays the brokers the most?

They can’t do that, can they?  Apparently so.

“Agency investigates brokerage incentives,” Houston Chronicle, January 5, 2014 D6 http://bit.ly/1kkwth5  FINRA investigates whether brokers are representing their customers fairly, or trying to make some additional profit.

Is this information?  Or news? Or both?

Advertisements

Leave a comment

Filed under Information, Operations, Use, Value

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s