http://wheredoesallmymoneygo.com/may-day-may-1st-1975-the-end-of-fixed-stock-commissions/ A personal finance blog written by Preet Banerjee Sat, 11 Feb 2012 16:22:10 +0000 hourly 1 http://wordpress.org/?v=3.1.2 http://wheredoesallmymoneygo.com/may-day-may-1st-1975-the-end-of-fixed-stock-commissions/#comment-6410 US Regulator Proposes Massive Changes to Mutual Fund Commissions | WhereDoesAllMyMoneyGo.com Thu, 29 Jul 2010 00:11:13 +0000 http://www.wheredoesallmymoneygo.com/?p=644#comment-6410 [...] to set these sales charges in order to foster competition. The best analogy I can think of is May Day (May 1st, 1975) when set commissions for stock transactions were eliminated and the first discount brokerages were allowed to set the commissions. In this case, the [...] [...] to set these sales charges in order to foster competition. The best analogy I can think of is May Day (May 1st, 1975) when set commissions for stock transactions were eliminated and the first discount brokerages were allowed to set the commissions. In this case, the [...]

]]> http://wheredoesallmymoneygo.com/may-day-may-1st-1975-the-end-of-fixed-stock-commissions/#comment-764 Michael James Tue, 10 Jun 2008 16:09:01 +0000 http://www.wheredoesallmymoneygo.com/?p=644#comment-764 This was indeed a very improtant day. Some time ago when I was looking through my father's old papers, I was amazied to see how much he paid in commissions for stock trades. It's incredible that he had to pay hunderds of dollars for what I pay $9.95 for today. This was indeed a very improtant day. Some time ago when I was looking through my father’s old papers, I was amazied to see how much he paid in commissions for stock trades. It’s incredible that he had to pay hunderds of dollars for what I pay $9.95 for today.

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