Who has an ax to grind?

Todd, Richard
May 1998
CPA Journal;May98, Vol. 68 Issue 5, p62
Academic Journal
Discusses some of the alarming conflict of interests in the investment industry. Market making and selling securities from the broker's account; Commissions; Wrap accounts; Sales contests, prizes and dinners; In-house products; Soft dollars; Managers/funds evaluating their own performance; Limited product array; Planning points to a favored solution; Need for full disclosure of conflict of interests.


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