A Handbook of Stock Exchange Laws Affecting Members Their Customers Brokers An
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Y. Supp. 393, 396.
75 STOCK EXCHANGE LAWS his dealings with his customer, 1 and reasonable skill and diligence, 2 but he is liable only for the reasonable care and diligence which an ordinarily prudent purchaser would exercise. 3 Secret Profits.
He may not make secret profits for himself out of the transaction. 4 But as the broker is not obliged to retain the identical stock purchased, the purchaser cannot, if he orders a subsequent delivery of the stock, and pays for it at the contract price, ...recover a profit the brokers have made through being able to secure the stock actually delivered at a lower figure owing to a fall in the market. 5 Notice of Transactions. He must notify his customer of the transactions made. 6 Broker Bound by Manager's Acts.
A manager of a stockbroker's office, as between the stockbroker and a customer, is a general agent of the iHoffman v. Livingston, 46 N. Y. Super. Ct. , 552.
Levy v. Loeb, 85 N. Y. 365.
Bate v. McDowell, 49 N. Y. Super. Ct. 106.
'Boyle v. Henning, 121 Fed.
What to read after A Handbook of Stock Exchange Laws Affecting Members Their Customers Brokers An?
You can find similar books in the "Read Also" column, or choose other free books by Samuel P Goldman to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Y. Supp. 393, 396.
75 STOCK EXCHANGE LAWS his dealings with his customer, 1 and reasonable skill and diligence, 2 but he is liable only for the reasonable care and diligence which an ordinarily prudent purchaser would exercise. 3 Secret Profits.
He may not make secret profits for himself out of the transaction. 4 But as the broker is not obliged to retain the identical stock purchased, the purchaser cannot, if he orders a subsequent delivery of the stock, and pays for it at the contract price, ...recover a profit the brokers have made through being able to secure the stock actually delivered at a lower figure owing to a fall in the market. 5 Notice of Transactions. He must notify his customer of the transactions made. 6 Broker Bound by Manager's Acts.
A manager of a stockbroker's office, as between the stockbroker and a customer, is a general agent of the iHoffman v. Livingston, 46 N. Y. Super. Ct. , 552.
Levy v. Loeb, 85 N. Y. 365.
Bate v. McDowell, 49 N. Y. Super. Ct. 106.
'Boyle v. Henning, 121 Fed.
What to read after A Handbook of Stock Exchange Laws Affecting Members Their Customers Brokers An?
You can find similar books in the "Read Also" column, or choose other free books by Samuel P Goldman to read onlineMoreLess
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