U.K.'s FSA Mandates Fee Unbundling

Friedlander, Josh
August 2005
Investment Dealers' Digest;8/1/2005, Vol. 71 Issue 30, p13
Trade Publication
Focuses on the creation of regulations by the British Financial Services Authority that intends to deal with the lack of transparency inherent in bundled costs for trade execution and stock research at brokerage firms. Contents of the regulation which will require brokers to tell clients details of how commission payments have been spent and what services have been acquired with them; Claim of some Wall Street research directors in the U.S. that the move could turn up the pressure in the U.S.; Implication of the regulation on the U.S. financial services industry.


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