Is "Free" Stock Trading Really Free?
Since 1975, when the US Securities and Exchange Commission (SEC) deregulated stockbroker commissions, rates have been falling. And recently, several major discount brokerage firms have announced completely free stock trading. But our next guest says that, as always, you should beware of any offer of a “free lunch”.
Mike Switzer interviews Les Detterbeck, a chartered financial analyst in Charleston, SC and a member of the SC Chapter of the CFA Society.