1. All its brokerage customers will be able to deposit checks, research stocks, get a consultation or meet with their broker, people close to Morgan Stanley said. 2. Brokerage customers can sell into the so-called secondary market for CDs in much the way they can with bonds. 3. But Fidelity also wants to cut costs by having regular brokerage customers do business on line rather than in person at a Fidelity branch. 4. Fidelity Investments announced a plan Friday to provide its brokerage customers with more insurance protection against possible losses. 5. Fidelity will not screen its two million brokerage customers, however, to determine whether they should invest in IPOs in the first place. 6. For example, they cause bank customers to lessen their demand for loans, and they cause brokerage customers to steer clear of stocks. 7. He is not, however, registered with securities regulators, a requirement for any individual who deals closely with brokerage customers. 8. It is routinely used by the securities industry in resolving disputes with retail brokerage customers. 9. New rules have already been instituted by the SEC, requiring every clearing firm to more closely police its brokerage firm customers. 10. Not only is Deutsche Bank well behind American online brokers like Charles Schwab, it also has fewer brokerage customers than German rivals like Commerzbank and ConSors. |