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Tuesday, August 07, 2007 |
Buying stocks overseas |
Kiplinger.com’s article mentions that the proposed new rule which the SEC is expected to introduce will make it easier for overseas brokerage to sell foreign securities to US investors.
Currently, many domestic brokers rely on their overseas affiliates to allow trading of foreign securities for their customers. The other alternative has been to buy ADR or international mutual funds. The new rule is expected to lower the costs of trading foreign securities.
For complete details, check out the following link:
Kiplinger.com: Buying Foreign Stocks Is About to Get a Lot Easier |
posted by Ruby @ 8:15 AM
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