The Stock Brokerage Industry

Abstract: This 10 page report discusses the stock brokerage industry and its impact on the economics of the United States. The largest amount of securities of the time traded in the secondary markets fit into one or the other of two categories: bonds or stocks. As investors become better educated and more confident in their own analyses of the extensive information that surrounds them on a daily basis -- newspapers, newsletters, magazines, brokerage-house mailings, the Internet, and television -- and as the steady improvement in markets confirms belief in the value of sensible investing, investors realize that they have become far less dependent on the advice of full-service brokers. Bibliography lists 12 sources.

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