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Study Says Broker Rebates Cost Investors Billions

Date: May 6, 2012
Author: Nathaniel Popper
QUOTE: The rules governing Wall Street generally force stockbrokers to seek out the best prices for clients who pay them to buy and sell shares. In recent years, though, brokers have had another enticement that can pull them in a different direction: payments from stock exchanges in return for sending them business.

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