What are Stock Brokers

There are many answers to that question.  First, a stockbroker buys and sells stocks on behalf of their clients or their firm.  A stockbroker is also an advisor, a researcher, a compiler of investment information, and a sales person.  A stockbroker can also be a support mechanism to a new public company or an old Fortune 100 company.
 

A stockbroker works under the regulation of the Security and Exchange Commission (SEC) of the United States, if they are in the United States.  They are regulated on how they can offer stock, how they must treat their client’s transactions, and only by passing the tests of the SEC can they do business.
 

To the client a stockbroker can be a “financial friend”, or a client’s worst enemy.  It all depends on the nature of the stockbroker, their honesty, and adherence to the regulations that they must follow.
 
Almost everyone knows something about the stock market. Some know from activities that reach the major news outlets regarding violations of rules or tenets of the marketplace.  Occasionally a stockbroker is disciplined by the SEC, or charged by a court of competent jurisdiction for legal wrongdoing.  Some know from major events in the stock market, i.e. the crash of ’29, the dot com bubble, and other events.
 
Ayna Miah