Internal code of conduct for stock brokers
If you decide to ignore this advice, you should check out Policing The Securities Market: Advisors should be prepared to provide answers to these common questions asked by prospective clients. Over time, good communication and being totally honest will pay off in good returns, positive client relationships and word of mouth recommendations. In most cases, when someone applies or gets approved for a financial product we get paid. Be Open About Monitoring and Control A client should know how often you will monitor the investments and what this really means. Insufficient explanation - Some brokers simply do not take the trouble to explain things, and they prefer clients not to know too much. The risk of loss in electronic trading can be substantial.