Browsing: Commissions

SEC to Banks: Accept Payments Through CCAs

New York – The U.S. Securities and Exchange Commission issued a letter clarifying that investment banks providing proprietary research can be paid through Client Commission Arrangements (CCAs).  This innocuous letter ...

Fidelity Unbundles Research & Execution…Again

Darien, CT – Following on the heels of its revolutionary deal with Lehman Brothers a few months ago, Boston-based mutual fund giant, Fidelity Investments, has reached its second research unbundling ...
1 24 25 26