Suitable Quotes
You worry about small investors getting involved through the back door in investments that aren't suitable for them because they're too risky or the fees are too high. NASD requires brokers to have a reasonable basis for recommending an investment, as a counterforce to the overwhelming economic incentives for salesmen to sell.
- David Becker
While I think that 18 (months) is somewhat better than 24 (months), the truth of the matter is those numbers are sufficiently imprecise, and the whole thing is sufficiently unlikely that it seemed more suitable, especially given our continued budget pressure, to stick with 24 months.
- Linton Brooks
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