Sponsored Access: Should Trades Be Monitored Before They're Made?

Hintze, John
October 2009
Securities Industry News;10/5/2009, Vol. 21 Issue 21, p10
Trade Publication
The article presents a discussion of sponsored access in securities trading. Los Angeles, California-based Wedbush Morgan Securities is one trading company that started offering sponsored access to capture the fee discounts on exchanges. Although sponsored access to markets has its risks, Wedbush, Penson Worldwide and Genesis Securities have not encountered significant problems with sponsored traders. One concern about sponsored access is the lack of regulatory standards for monitoring customer's activity by broker-dealers.


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