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Wall St. trade group calls for new "best interest" rule for brokers

2015-06-04 00:15:24| Footwear - Topix.net

A major Wall Street trade group on Wednesday called for overhauling a longstanding ethical rule for brokers by requiring them to act in customers' best interests when recommending securities. The Securities Industry and Financial Markets Association wants regulators to scrap a key term in a current industry rule, requiring brokers to recommend securities that are "suitable" for customers, and substitute new wording for a "best interests standard," according to its proposal.

Tags: for group interest trade

 

AT&T brokers new spectrum deals

2015-05-26 02:00:00| Total Telecom industry news

FCC reviews spectrum deals that would give U.S. telco more than a third of usable sub-1 GHz spectrum in certain markets.

Tags: deals att spectrum brokers

 
 

Len Boselovic's Heard Off the Street: Lawyers group says brokers can't be trusted

2015-03-29 11:30:49| Auto Dealers - Topix.net

While ads for Wall Street firms make it sound like investment professionals are just like doctors and lawyers when it comes to protecting clients interests, in private they act more like used car salesmen, according to the Public Investors Arbitration Bar Association. The group contends Wall Street firms' marketing efforts give the impression that they are bound by a fiduciary duty to put their client's interest first.

Tags: group street heard lawyers

 

'Easy button' could help brokers manage direct MLS feeds

2015-03-17 01:45:46| Real Estate - Topix.net

Brokers whose multiple listings services have signed direct feed agreements with Homes.com, Zillow and Trulia could now have a new, easy way to manage listings that go to those portals and see which ones give them the most bang for their buck. Homes.com, the nation's fourth most popular real estate site, is the latest third-party portal to sign on to a new "permission gateway" from real estate tech firm Clareity Security .

Tags: easy direct button feeds

 

Wyoming Valley real estate brokers optimistic about market in 2015

2015-03-09 09:58:35| Real Estate - Topix.net

Darren Snyder, of Marilyn K. Snyder Real Estate Inc., shows off the living space of a home at 165 South Hancock St., Wilkes-Barre. Darren Snyder, of Marilyn K. Snyder Real Estate Inc., shows off the living space of a home at 165 South Hancock St., Wilkes-Barre.

Tags: real estate market real estate

 

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