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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: bigbuk who wrote (47882)2/18/2001 9:47:34 PM
From: Shack  Read Replies (1) | Respond to of 62347
 
Nice move bb, I am disgusted but not surprised by this story. These flunkies are gonna have a lot John Does to answer to shortly methinks.



To: bigbuk who wrote (47882)2/19/2001 9:21:29 AM
From: The Osprey  Respond to of 62347
 
"True , BUT the flunkies that get paid to sell to the retail (ie the end user Mr. John Doe) still get their trailing commissions. Which imo should all be performance related.

It is performance related BB.If a portfolio under management goes from 20 million in value with a trailer of 1% the trailer is 1% of 20 million.If the markets drop and the portfolio drops in value as a result the trailer is 1% of say 15 million instead.The opposite is true in an up market.

I agree completely on the canada Trust comments.I have witnessed it myself as well and feel it was scandoulous as they were trustees.