FYI: (This is a follow-up article.)
If you don’t know how much you’re paying, you may be paying too much. That’s the idea behind a major change being ushered into the $3.9 trillion state and local government debt market, a haven for retail investors where the trading fees that securities dealers charge have largely gone undisclosed. That will change on May 14, when brokers will be required to start disclosing some of the fees that are embedded in the prices investors pay -- or receive -- when they buy and sell their securities.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-05-11/why-municipal-bond-buyers-will-now-see-fee-price-tags-quicktake
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