Investor and Industry Perspectives on Investment Advisers and Broker-Dealers

ISBN-13: 9780833044037 / Angielski / Miękka / 2008 / 228 str.

Angela A. Hung; Noreen Clancy; Jeff Dominitz

Opis

In theory, financial professionals are relatively distinct: A broker-dealer conducts transactions in securities on behalf of itself and others; and an investment adviser provides advice to others regarding securities. This report examines business practices and investor understanding of each type.