Investor Knowledge and Experience with Investment Advisers and Broker-Dealers

Financial Literacy: Implications for Retirement Security and the Financial Marketplace

Volumn , Issue , 2011, Pages

  Hung, Angela A ^a   Clancy, Noreen ^b   Dominitz, Jeff ^c  

^a RAND Center for Financial and Economic Decision Making   (United States)

^b RAND CORPORATION   (United States)

^c Philadelphia Eagles ^*  (United States)

Author keywords

Accounts; Advice; Advisers; Brokerage; Financial services; Household; Investments; Professional; Service

Indexed keywords

EID: 84920367228     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.1093/acprof:oso/9780199696819.003.0007     Document Type: Chapter

References (13)

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4. Opinion Research Corporation (2004). Regulation of Stockbrokers and Financial Advisors: What American Investors Understand, Think Is Right: Summary of Survey Findings. Princeton, NJ: Briefing for Zero Alpha Group and Consumer Federation of America.
5. Siegel and Gale, LLC and Gelb Consulting Group (2005). Results of Investor Focus Group Interviews About Proposed Brokerage Account Disclosures: Report to the Securities and Exchange Commission. San Francisco, CA: Siegel and Gale, LLC and Gelb Consulting Group. http://www.sec.gov/rules/proposed/s72599/focusgrp031005.pdf
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7. Tully, D. P. and A. Levitt (1995). Report of the Committee on Compensation Practices. Washington, DC: US Securities and Exchange Commission.
8. US Census Bureau (2007). March 2007 Current Population Survey. Washington, DC: United States Census Bureau.
9. US Securities and Exchange Commission (SEC) (2005). Certain Broker-Dealers Deemed Not to Be Investment Advisers. Releases 34-51523 and IA-2376, file S7-25-99. Washington, DC: US Securities and Exchange Commission.
10. US Statutes (1934). Title 48, Section 881, Securities and Exchange Act, June 6, 1934.
11. US Statutes (1940). Title 54, Section 847, Investment Advisers Act, November 1, 1940.
12. Yang, Z. and X. Fang (2004). 'Online Service Quality Dimensions and Their Relationships with Satisfaction: A Content Analysis of Customer Reviews of Securities Brokerage Services,' International Journal of Service Industry Management, 15 (3): 302-26.
13. Zero Alpha Group (ZAG) (2004). 'Survey: In Blow to SEC Rule Proposal, 9 Out of 10 U.S. Investors Back Equally Tough Broker, Investment Adviser Regulation,' Washington, DC: ZAG, October 27.