11.   For years, Davidson has argued that small brokerage firms are overregulated and underrepresented by the association.

12.   He became a Wall Street trainee, soon winning a job as an Internet analyst at CIBC Oppenheimer, a small brokerage firm affiliated with a Canadian bank.

13.   However, many small brokerages and investment advisers find that the delayed data, at no charge, suits their purposes.

14.   Landmark International Equities, the small brokerage firm best known for bringing public a company controlled by Oliver North, is still in business.

15.   Many small brokerage firms will be glad to oblige in hopes of finding a possible broker.

16.   Much of the fraud, regulators say, occurs at small brokerage firms that could not stay in business without a clearing firm.

17.   Most of the sales were done through small brokerage firms, which described the leases to clients as very conservative investments.

18.   Multiplic Empreendimentos is equally owned by Antonio Jose de Almeida Carneiro and Ronaldo Cezar Coelho, both of whom got their start in small brokerage houses and became millionaires.

19.   Only a few small brokerage firms in the short-selling community are involved in the Adler case.

20.   --Require clearing firms to report suspicious trading activity among the small brokerages with whom they do business.