By Rob Chrisman
Posted To: Pipeline Press
Taking a quick look at what people are doing with their money, just 14% of American households own individual stocks, according to Federal Reserve data. (I bet the number owning individual bonds is much less.) However, retail investors as a group hold more equities than any other market segment, such as hedge funds and mutual funds, writes Rich Daly of Broadridge. “Small investors should be taken seriously. They are a bigger part of the shareholder equation than you may think,” Daly writes. I received another note from a “well known in the industry” source saying, “Rob, although by now the majority of the industry – certainly the vendors – know that TRID will change things, and the majority of them know the basics, I am seeing a big disconnect between the theory and the practice. And uniting…(read more)
Via:: TRID Products & Training; HARP/HAMP Extended; BofA/Chase Change Bankruptcy Policy
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