Browsing: Commissions
An Ounce of Due Diligence Prevention
09/20/2011
An ounce of due diligence prevention is worth pounds of sentencing cure, according to standards developed by the United States Sentencing Commission, the government agency which establishes federal sentencing guidelines. ...
Broker Thyself
06/14/2011
A new report on European independent research suggests that independent research will offer more agency brokerage payment options. We have seen agency brokers such as ITG and Instinet embracing independent ...
Mopping Up the Expert Network Cases
05/03/2011
New York – Now that the Rajaratnam trial has gone to jury deliberation, prosecutors are turning their attention to other outstanding insider trading cases. Of the fourteen individuals charged in ...
Dirks v. SEC
04/26/2011
New York – The current definitions of insider trading owe much to a U.S. Supreme Court decision which capped a battle between Raymond L. Dirks and the Securities and Exchange ...
CSA Use Grows on Buy-Side
03/14/2011
New York, NY – According to a report recently published by Boston-based consulting firm the Tabb Group, three-quarters of all US buy-side firms currently use commission sharing agreements. In addition, ...
Lord Myners Bundles With Autonomous
02/22/2011
New York – Paul Myners, author of the Myners report which spurred the U.K.’s Financial Services Authority (FSA) to require greater commission transparency, joined London-based Autonomous Research LLP as chairman ...
How Much Longer?
02/15/2011
New York – The insider trading investigation entered a new phase in February as the focus shifted from suppliers of inside information, mainly centered on expert network Primary Global Research ...
SEC to Banks: Accept Payments Through CCAs
09/24/2010
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
12/21/2005
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 ...