Starting Next Week You Can See Brokers’ Profits From Bond Sales - News Summed Up

Starting Next Week You Can See Brokers’ Profits From Bond Sales


WASHINGTON—Starting next week, mom-and-pop investors will learn how much their broker made selling them bonds. The change in practice is due to a new rule meant to curb abusive sales practices. Beginning Monday, brokers will have to say how much they pocket when they buy corporate and municipal bonds and sell them to retail investors later that day.


Source: Wall Street Journal May 09, 2018 09:32 UTC



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