Question

what has happened to transactions costs of trades inter temporally? Is your money safe in a broker dealer?

Answer 1

Transaction costs of trades have gone down inter temporally mainly due to the advancement of technology.

All broker-dealer are members of the Securities and Exchange Commission (SEC) in the U.S. and the clients' money is ideally safe even if some brokers shut down their business. One of the primary objectives of the SEC is to protect the interest of the clients and as such the broker-dealers are constantly monitored by SEC. The Securities Investor Protection Corporation (SPIC), which is overseen by the SEC works in the best interest of the clients to safeguard their money.