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U.K.'s Quasi-Unbundling May Influence U.S.

Traders Magazine, November 2005

Peter Chapman

Commission payments are coming unraveled. U.S. money managers with operations in the U.K. are feeling pressured to disclose more details to U.S. customers about how they spend their commission dollars. These institutions, because of new regulations and industry initiatives in Great Britain, are likely to start providing their U.S. customers with estimates of how commission payments are split between research and execution services. The breakdowns are likely to occur on a broker-by-broker basis.

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