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Technology, Competition and Regulatory Pressures Lower Commissions
The days of 6 cents per share are over, due to technology advances, competition among firms and platforms, and regulatory scrutiny,
Today, institutional investors are paying 2 cents per share for trades done over electronic platforms, and around 5 cents per share for trades through brokerage firms.
Source: Pensions & Investments
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Free Opinion
Sponsored by James J. Eccleston, an attorney representing stockbrokers, financial planners and
investors nationwide in arbitration, litigation and regulatory matters, and a shareholder with the law firm
Shaheen, Novoselsky, Staat, Filipowski & Eccleston
P.C.(www.snsfe-law.com). This Web site contains material
of general interest. It is neither intended to, nor constitutes, either legal advice or investment advice.
Always consult an attorney and/or investment advisor when building and protecting your wealth.
All content Copyright © 2008 Advocate Capital Management, Inc. except where noted. All rights reserved.
20 North Wacker Drive, Suite 2900, Chicago, Illinois 60606
Telephone: 312-621-4400 | Fax: 312-621-0268
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