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Brokers Shifting 'Sweep' Money






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By Walter Hamilton, Times Staff Writer NEW YORK As stock trading by individual investors has sagged in recent years, brokerage firms have scrounged for other ways to make money. ... on the sidelines, often waiting to be used to buy stocks into money-market mutual funds ... brokerages are eliminating money market funds from sweep accounts, especially for investors ...

- link to Brokers Shifting 'Sweep' Money -
Last update: 08/04/2005





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