New Ruling Establishes a "Bright Line" For Broker-Dealers' Duty To Register With The SEC, Says Attorney

NEWARK, N.J., Sept. 11, 2012 /PRNewswire/ -- Stockbrokers who believe they're exempt from registering with the Securities and Exchange because they limit their activity to "proprietary trading," should re-examine their activities in light of a recent legal ruling, warned William A....