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"Founders did so at Borgen's direction in order to provide Foster with a prearranged amount of brokerage commissions in exchange for Foster referring clients," the S.E.C. asserted in its complaint.
The SEC requires that the total amount of brokerage commissions paid by a mutual fund be disclosed and expressed in aggregate dollars but often it is not translated into a percentage cost and is not included in the expense ratio.
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These included a critical 2004 decision by the SEC that freed up the amount of debt the brokerage units of investment banks could take on.
As to commodities accounts, some MF Global clients now regret keeping more than the minimum amount of margin at the brokerage.
The classic form of payment was directed brokerage; the money manager would send a certain amount of its trades to a brokerage in which it had a financial interest.
The second payment, for $150,000, was wired into Ms. Anderson's campaign account on Aug. 26, the same day Mr. Rubenstein transferred that exact amount of money into Ms. Anderson's personal brokerage account.
A trader will usually place a certain amount of money in his or her brokerage account, and the broker will use that money as a deposit to allow the trader to buy securities or foreign exchange contracts valued at a multiple compared to the deposited amount.
It's the same amount the brokerage is said to have paid out in bonuses since the end of December.
In a February report, the brokerage Charles Schwab estimated the amount of green bonds floated by state and local governments jumped from $100 million in 2013 to $2.5 billion in 2014, making up about 1.7percentt of the US debt market.
He's head of brokerage.
Studying the phenomenon of brokerage provides us with clear insights into the concept of brokerage regarding SME networks in different fields.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com