In recent years, the distinction between full service brokers and discount brokers has become less pronounced as full service brokers have lowered commissions, while discount brokers have begun offering more services.

Question

Quizplus · Accepted Answer

As the statement suggests, full service brokers have indeed lowered commissions and discount brokers have started offering more services, leading to a blurring of the lines between the two types of brokers.

In Recent Years, the Distinction Between Full Service Brokers and Discount