Differentiation matters when it comes to representing the industry in the face of regulators after the 2008 financial crisis, says a new trade organization representing 15 regional brokerages.
The American Securities Association formed this week to represent 15 regional B-Ds, including Raymond James, Stifel and Baird, and speak out against undifferentiated regulation that the firms should be aimed at big Wall Street firms that caused the crisis, the ASA said.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access