If you've worked as a broker you know the game. The house sets quotas. You must meet the quotas or its good-bye.

As a broker, your first and foremost obligation is to the client. You can make recommendations, but in the last analysis, the decision to buy or sell a security rests with the client. Brokers, however, are often under the gun by management to tout certain securities to their clients that may not be in their best interests.

Continue reading SEC warns brokers against big bonuses

SEC warns brokers against big bonuses originally appeared on BloggingStocks on Wed, 02 Sep 2009 13:00:00 EST. Please see our terms for use of feeds.