The Mumble: In everybody’s interests to look after SSA dealers

The penny has dropped. Some SSA issuers, following the demise of UBS can see a future bereft of dealers both in terms of quality and quantity if they fail to realise they can no longer bleed them dry and effectively charge them for the privilege of helping them raise money. The SSA market s a close knit herd and now the rest must follow the leaders.
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