Stock-Traders, Beware!

The "rules-of-the-game" are changing and higher prices for stock-trading accounts are coming by October 1, 2007. This is a court-mandated switch that will mean higher fees in many cases.

Under the new rules, brokerages must move investors in these accounts to either traditional stockbroker accounts that charge commissions or else to fee-based advisery accounts, managed by registered investment advisers.

One possible alternative to this would be to move your trading account to a discount broker with lower commissions.

* * * * *