Browsing: Commissions
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 ...