The purchase required paying a small brokerage commission, which makes the investment less flexible than a mutual fund.
Fixed brokerage commission rates were abolished on "May Day" in 1975.
They could simply buy Marriott stock (which is all this fund invests in), incurring only a brokerage commission, as opposed to a recurring asset-based fee on top of any commission.
Item No. 3 is the commission, paid when buying and selling (unless your brokerage offers commission-free trades).
Under that agreement, Fidelity offered its brokerage clients commission-free online trades on 30 iShares ETFs.
Consider commission recapture, directed brokerage programs or simply limiting the commission levels you are willing to pay.
FORBES: Time��s Running Out For America��s Pensions (May 1, 2003 )
Schwab initiated another sort of price war in 2009 when it became the first major brokerage to offer commission-free ETF trading online.
FORBES: Schwab Continues ETF Price War, Puts Vanguard In The Crosshairs
At the same time Citi announced it had been granted a brokerage license by the Securities Commission of Malaysia to set up brokerage operations in Malaysia.
FORBES: Too Big To Fail But Brazen Enough To Still Get Bigger
If you're investing through a brokerage firm that offers commission-free trades on some ETFs, your cheapest option may be ETFs.
Consultants, who advise clients on asset allocation and manager selection, as well as educate their advisory clients on brokerage matters such as soft dollaring and commission recapture, are not required to be licensed as brokers or registered as investment advisors.
FORBES: Investment Consultants: It's Time to Clearly Define Their Role (June 1, 1995)
Virtually every time money moves, whenever money managers or securities in a portfolio turnover, a brokerage facilitates the transactions and gets paid a commission.
Dornan's class action alleges that at least since 1990 variable annuity underwriters and Morgan Stanley maintained "secret contingent fee sharing arrangements" in which a portion of commission revenue was paid to the brokerage as an incentive to sell the product.
Reliance on self-regulation The commission is ever more willing to allow the brokerage industry to self-insure, self-adjudicate (through mandatory arbitration) and even control public access to the brokerage industry's criminal and disciplinary histories.
The brokerage industry will have to find other sources of income as commission rates rapidly slide downwards.
When the fund suggests directing brokerage to minority or local brokers, or entering into a commission recapture arrangement, managers emphatically state that performance will deteriorate.
FORBES: Pensions and Brokerage: The Brokerage Battlefield Revisited (October 1, 2000)
Last year the Securities and Exchange Commission charged SharesPost with failing to register as a securities brokerage.
Tell your fund clients they should be involved in a commission recapture program and then recommend they use your affiliated brokerage.
FORBES: The Duty To Investigate Pension Consultant Conflicts (September 1, 2001)
Plan sponsors do not realize that the brokerage affiliates of consultants are some of the largest soft dollar and commission recapture firms out there.
The report named names, and the Securities and Exchange Commission obtained warrants of arrest against 32 people in seven brokerage firms and eight listed companies.
In the past week, the China Securities Regulatory Commission, the country's top securities watchdog, has instructed brokerage and fund-management firms across the country to examine their bond-trading books for irregularities.
It is an issue that has already been raised in reference to Sedona Sedona. in an ongoing civil lawsuit against a number of brokers and hedge funds and in a Securities and Exchange Commission federal court case filed in April in New York against one brokerage and several individuals.
It is an issue that has already been raised in reference to Sedona Sedona (otcbb: SDNA - news - people ). in an ongoing civil lawsuit against a number of brokers and hedge funds and in a Securities and Exchange Commission federal court case filed in April in New York against one brokerage and several individuals.
In my years of experience marketing brokerage services, virtually the only time I have found a single broker-dealer as a commission recapture or soft dollar broker for a fund is what it is an affiliated broker-dealer of the consultant of the fund.
Each brokerage allots a portion of the proceeds to the respective agent, depending on the agency's commission split agreement.
Meanwhile, brokerage Charles Schwab recently announced a platform, called OneSource, through which investors can trade from among 105 ETFs commission-free.
Mr Arbor has asked the Commodity Futures Trading Commission, the industry regulator, to block the proposed exchange, claiming that Cantor, as a brokerage, has a conflict of interest.
ECONOMIST: Chicago��s ancient futures exchanges are showing their age
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