Tag: Stockbrokering Firms

SEC Moves to Reduce Stockbroking Firms to 50

Strong indications have emerged that the Securities and Exchange Commission (SEC) is aiming to prune the number of stockbroking firms to 50, from the current a 250 active firms. As at December 2013, SEC registered brokers were about 281, with 250 of them being active. According to SEC,  20 per […]