At least three execution-only stockbrokers - Halifax Sharedealing, Charles Schwab Europe and Selftrad...
At least three execution-only stockbrokers - Halifax Sharedealing, Charles Schwab Europe and Selftrade - are accompanying industry body APCIMS in Paris today to push for limits to new red tape that may be administered by European industry regulators. The Committee of European Securities Regulators (CESR) is holding hearings on reactions to its proposals for new rules on execution-only brokering. Proposals put forward by CESR include forcing brokers to keep detailed records on customers' investment objectives, risk profiles, and knowledge of investing before allowing trades to proce...
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