Millennials Taking a Bad Rap, SEC Inept?, More Bank Layoffs, and More Quotes of the Week
1. Commission Squeeze
The bottom line is that the entire industry -- investors, brokers and other equity research providers -- should be preparing to operate in an environment in which there are fewer commission dollars to spend.
— Jay Bennett, a consultant with Greenwich Associates
Source: Advanced Trading
Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio