When a financial adviser can recommend a proprietary fund to a client, a clear conflict of interest arises.

ECONOMIST: The rise of an American broking firm

Larry explains that they move Google Video to a common codec format, to prevent frustrating video problems without committing to a proprietary format or a business partnership to do so.

ENGADGET: Backstage at the Google press conference

Tavdy was a proprietary trader at Andover, a registered broker-dealer that was acquired by Assent in March 2003.

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