In a Feb. 1 filing with the SEC, the NASD is proposing that member firms be required to provide brokers with an arbitration disclosure statement. The statement would be provided whenever a rep signs a new or amended U-4, and would explicitly point...

If you think that potential clients obtain a list of brokers, devise a slate of questions and go on a round of interviews, think again.The reality of how clients hook up with brokers is much more disorganized. They bump into brokers on planes...

A majority of consumers saw 1998s market drop as an opportunity to buy, according to a December 1998 survey by Boston-based Dalbar. Fifty-nine percent saw the drop as an opportunity--a dramatic reversal of earlier Dalbar studies that showed...

For the first two weeks in August, the Central Registration Depository (CRD) will shut down to allow conversion to a new Internet-based system. The result: Brokers changing firms at that time could experience registration delays.According to Derek...

What is the biggest identifiable problem producers ask about when they walk through your door?Saenz: How do I get control? I speak in front of a lot of top producers at a lot of firms, and its astounding how many producers out there feel the same...

Traders die broke. Cut your losses, and let your winners run. Trees dont grow to the sky. Bears get fat and bulls get fat, but hogs get slaughtered.No matter what happens on Wall Street, there has always been a bull market in axioms of investing...

Instead of servicing hundreds of accounts, brokers who embrace technology will soon be servicing thousands--a shift that could drastically reduce the broker workforce, and dramatically reduce costs for firms, said several speakers at the...

The NASDs new rules governing non-cash compensation that product sponsors are allowed to give brokers have created some confusion in the industry (see OddLots, November 98, Page 36).Two committees of the Securities Industry Association complained...

Prudential Securities is helping brokers get clients into the latest investing fad: Internet stocks.In December, the firm introduced NetPort, a basket of five Internet stocks that investors can buy with a single ticket. For $15,000 and a normal...

The Investment Dealers Association of Canada (IDA), which functions half as a regulator and half as the brokerage industrys trade group, is pushing to have an arbitration system in place by year-end.Although Quebec and British Columbia have had...