FINRA decision could hurt bond-broker profits

09/25/2013 | Bloomberg Businessweek

A decision by the Financial Industry Regulatory Authority to begin publishing the prices of privately sold debt transactions could hurt corporate-bond-broker profits, according to some experts. "You get a certain amount of insecurity because of how opaque this market has been," said Ari Gabinet of OppenheimerFunds. "Without active market information, you don't have a good way of assessing your execution."

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