http://allaboutalpha.com/blog/2007/05/23/merrill-rule-smack-down-good-for-alpha-centric-investing/ A finance blog about hedge funds, portable alpha and alternative investing. Mon, 13 Feb 2012 11:26:54 +0000 http://wordpress.org/?v=abc hourly 1 http://allaboutalpha.com/blog/2007/05/23/merrill-rule-smack-down-good-for-alpha-centric-investing/comment-page-1/#comment-9846 allaboutalpha.com: Welcome to AllAboutAlpha.com Wed, 06 Jun 2007 03:17:27 +0000 http://allaboutalpha.com/blog/2007/05/23/merrill-rule-smack-down-good-for-alpha-centric-investing/#comment-9846 [...] A few days ago, we wrote a posting on the repeal of so called “Merrill Rule” that allowed brokers to offer fee-based accounts without the full fiduciary responsibilities of traditional fee-based financial advisers.  We argued that repealing this rule was good for those who want their adviser to present them with pure alpha or pure beta products without regard to the compensation they would receive from each.  In short, we argued it was good for alpha-centric investing. [...] [...] A few days ago, we wrote a posting on the repeal of so called “Merrill Rule” that allowed brokers to offer fee-based accounts without the full fiduciary responsibilities of traditional fee-based financial advisers.  We argued that repealing this rule was good for those who want their adviser to present them with pure alpha or pure beta products without regard to the compensation they would receive from each.  In short, we argued it was good for alpha-centric investing. [...]

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