Research Through the Looking Glass

ON BALANCE

Contrary to popular belief, recent moves to outlaw soft dollars or unbundled trading and non-trading services may not benefit the research market—not even independent providers. So says a new report from Thomson Financial (see page 1).

One might think that the criticism of broker research and the quest for better quality information would benefit the independent research market and even reward the more scrupulous brokers. Furthermore, as firms better understand where their money is going—as t

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