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New Skirmish In An Old Battle: Wall Street vs. The Customer

TedTed
in The Bullpen
FYI: A corrosive custom forced on investors is finally getting the ax under new regulations in Europe. Too bad some on Wall Street are working overtime to ensure that United States investors don’t get the same deal.

The rule change governs how investors pay for brokerage-firm research. This may seem like a mundane administrative matter, but given the conflicts embedded in the process, it is not.
Regards,
Ted
https://www.nytimes.com/2017/09/29/business/wall-street-europe.html
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