Friday, June 1, 2007

Cox boosts ban on 'soft dollar' deals

It is just a brief piece in InvestmentNews, with very little real information, but its worth keeping an eye on. Chairman Cox is apparently pushing for a ban on soft dollar arrangements.

While a headline which makes it appear that soft dollar arrangements cause higher commissions, the piece leaves out the other side of the equation - soft dollar arrangements also mean free research.
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