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010   $a0-8330-4784-1
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035   $a(EBL)357898
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100   $a20080118d2008      uy         0
101 0 $aeng
135   $aurcn|||||||||
181   $ctxt
182   $cc
183   $acr
200 00$aInvestor and industry perspectives on investment advisers and broker-dealers$b[electronic resource] /$fAngela K. Hung ... [et al.]
205   $a1st ed.
210   $aSanta Monica, CA $cRand$dc2008
215   $a1 online resource (229 p.)
225 1 $aTechnical report ;$vTR-556-SEC
300   $a"RAND Institute for Civil Justice, LRN-RAND Center for Corporate Ethics, Law, and Governance."
311   $a0-8330-4403-6 
320   $aIncludes bibliographical references (p. 199-204).
327   $aRegulatory and legal background -- View of the industry from published sources -- Insights from industry data -- Documentation and information provided by firms -- Investors' level of understanding.
330   $aIn theory, financial professionals are relatively distinct: A broker conducts transactions in securities on behalf of others; a dealer buys and sells securities for his or her own accounts; and an investment adviser provides advice to others regarding securities. Broker-dealers and investment advisers are subject to different regulatory structures. But trends in the financial services market since the early 1990's have blurred the boundaries between them. Regulatory reform requires a clearer understanding of the industry's complexities. The U.S. Securities and Exchange Commission asked RAND
410  0$aTechnical report (Rand Corporation) ;$vTR-556-SEC.
606   $aSecurities$zUnited States
606   $aSecurities industry$xLaw and legislation$zUnited States
606   $aInvestment advisors$xLegal status, laws, etc$zUnited States
606   $aStockbrokers$xLegal status, laws, etc$zUnited States
615  0$aSecurities
615  0$aSecurities industry$xLaw and legislation
615  0$aInvestment advisors$xLegal status, laws, etc.
615  0$aStockbrokers$xLegal status, laws, etc.
676   $a346.73/0922
701   $aHung$b Angela A$0924083
712 02$aLRN-RAND Center for Corporate Ethics, Law, and Governance.
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910220131903321
996   $aInvestor and industry perspectives on investment advisers and broker-dealers$92073802
997   $aUNINA