Brokerage practices draw criticism
Clients say they were misled about risks of auction-rate debt
Wall Street firms may have led their own brokers to believe auction-rate securities were safer than they really were, by labeling them as cash investments and failing to warn brokers of their risks, according to customer records and interviews. (Full article: 1096 words)
This article is available in our archives:
Globe Subscribers
FREE for subscribers
Subscribers to the Boston Globe get unlimited access to our archives.
Not a subscriber?
Non-Subscribers
Purchase an electronic copy of the full article. Learn More
- $4.95 1 article
- $9.95 4 articles
- $25.95 Monthly
