“It's the first primarily broker-sold fund family acquiring an ETF family.”
Dan Culloton
“I would argue...that if you use a discount broker you could do as well as a fund of funds.”
Darius McDermott
“It's a chicken or the egg principal. Carriers and brokers are asking 'who is going to adopt this first. 'Who is going to be the leader to build an ACORD XML interface?' The risk is the first one out there is going to have to find a partner to do it with to try to get some type of ROI.”
Sean Kelly
“I don't want to speak for how brokers do their business, ... Sometimes, in a market like this, a broker might get overzealous.”
Charles Gargano
“I don't know any broker who'd be willing to short a stock without getting the borrow. Any reputable fund manager and broker wouldn't do this - it's inconceivable. I don't know anyone who's done it and I don't know anyone who knows anyone who's done it.”
Whitney Tilson
“An honest broker.”
Otto von Bismarck
“A new breed of broker making $300,000 a year in London hot traders [who] are likely to be thirtyish, a bit cheeky and more interested in piling up commissions than meeting club cronies for a late afternoon brandy at Boodle's or White's.”
Steve Lohr
