Well, online brokerage industry is gaining fast grounds every second. Out of today's busy schedule and ease of Internet, Americans prefer online brokerage credited to its quick and effective services. Estimates reveal that number of investors, trading online in U.S. has increased remarkably from 4.1 million to 21 million in a span of just 5 years.

We can't deny the fact that online brokerage industry has been notorious of its loopholes and pitfalls, yet it seems to be gaining popularity among the investors. This scenario prompted the Securities and Exchange Commission (SEC) to analyze and scrutinize the investment products that are offered to the investors by online brokerage industry. In order to keep a thorough check, SEC has directed online brokerage industry to furnish certain obligatory information pertaining to the;

Contents of the broker's or company's web site Quoted prices of the products Information furnished to the clients Security of clients' account

Despite these measures and controls, SEC has still not been able to impose directives that could allow a client to produce his detailed and accurate statement of his assets and access his account online any time. However, this issue has neither hampered the image of Online Brokerages industry nor affected the inclination of investors towards online trading.