Independent Broker-Dealers Plead For Lower SIPC Fees

Thursday, March 24, 2011 00:06
edit
Independent Broker-Dealers Plead For Lower SIPC Fees

Representatives of the National Association of Independent Broker-Dealers (NAIBD) are actively lobbying with the SIPC to lower their fees back to pre-Madoff levels.

This Website Is For Financial Professionals Only


 

Otherwise, hardships could emerge for pay-for-service firms in particular, the group explains.

 

The goal is to return SIPC fees back to where they were before Bernie Madoff's crimes became known -- roughly 95% down from here for some firms.

Comments (0)

Write comment

You must be logged in to post a comment. Please register if you do not have an account yet.

busy