Author Topic: Anybody else work in finance/covered by FINRA regulations?  (Read 1432 times)

druth

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Anybody else work in finance/covered by FINRA regulations?
« on: October 30, 2015, 10:02:57 AM »
Anybody else have experience dealing with FINRA regulations?  It certainly helps me keep my allocation consistent because I don't want to file every time I am interested in a new index fund.

Despite working at a company that trades, my only access to trades that will report automatically is a relatively high fee option, I actually feel very taken advantage of over it because if anybody knows how ridiculous that is, it's a finance company!

Also anybody have any thoughts from 'seeing the sausage get made'?

FiguringItOut

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Re: Anybody else work in finance/covered by FINRA regulations?
« Reply #1 on: October 30, 2015, 02:42:10 PM »
Speaking of high fees...
I work closely with various Private Equity and Hedge Funds.  Their decision making behind trades/transactions... pure guessing game; why anybody buys into this is beyond me. 
The Management Fees (usually 2%, sometimes 2.5%) they charge while posting net loss for the year....
The Incentive Fees (20%, sometimes less) they charge of the top of profits they do make...
The sums and percentages are staggering.