1.   The directors in that case had Decided that the company should acquire a brokerage business for a substantial sum.

2.   Merged with another firm to become a major player in the brokerage business.

3.   Still learning the ins and outs of the brokerage business.

4.   American International Group Inc. said last month it is restructuring its domestic general brokerage business to streamline the way it deals with corporate customers.

5.   Among the biggest change will be banks and insurers entering the brokerage business.

6.   Although such employment agreements have popped up in other industries, the brokerage business has been a leader their use, particularly for non-licensed employees, Marcosson says.

7.   American Century Investments is getting into the stock brokerage business.

8.   Among other recommendations, the panel would make it easier for companies to enter the brokerage business by reducing barriers to entry such as capital requirements.

9.   American Express Co. failed in an effort to combine Lehman Brothers and the Shearson brokerage business, for example.

10.   Among the biggest changes will be that banks and insurers will enter the brokerage business.