Are You Being Fleeced By Your Broker?
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Are You Being Fleeced By Your Broker?

Cebu : Philippines | Aug 28, 2012 at 12:49 AM PDT
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Skooter reporting 08/29/12

Recently a survey was conducted on 500 senior-level financial service professionals and shows that 30% responded that they felt pressure to “compromise ethical standards or violate the law as the result of their compensation or bonus plan.” And another 23% also felt other pressures to "compromise ethical standards or violate the law." And who were those? They are just the guys at the top...

A number of brokers get paid commissions every time a client makes a trade. You can be sure those clients' accounts are much more active than those who receive a retainer’s fee or set fee whatever, no matter how many trades they make...

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HSBC Headquarters in Hong Kong
skooter is based in Cebu, Central Visayas, Philippines, and is an Anchor for Allvoices.
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