Free Site Registration

Clearing Brokers Face Uncertainty

Traders Magazine Online News, January 14, 2011

James Ramage

The SEC may have effectively banned the practice of "naked" sponsored access with its recent rule. But some industry sources say the regulator left somewhat vague the matter of whether brokers granting sponsored access to other brokers must provide an additional layer of risk checks.

Get access to this article and thousands more...

All articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?