US retail brokers plan to give clients more information about execution of trades
Brokers are looking to combat claims that they fail to get the best possible prices for customers
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US retail brokers, looking to combat claims that they fail to get the best possible prices on trades for their mom-and-pop customers, plan to give clients more information about how their trades are executed.
Regulators at the US Securities and Exchange Commission (SEC) are looking at whether discount brokers have conflicts that result in individual investors missing the best possible deal when buying or selling shares.
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