November 1998 Issue

Invest in the Market with Discount
Commissions

By Frank Pagani

NYSSCPA members can now receive discount commission rates on a variety of investment instruments through Republic's Discount Brokerage Service, a subsidiary of Republic National Bank of New York.

BCA056M This new member benefit offers competitive commission rates, including a 10 percent discount on all equity trades placed through Republic's voicebroker telephone service, which is available 24 hours a day, seven days a week. The toll-free number also links members to Republic's registered financial consultants, who provide quotes and initiate transactions.

In addition to listed stocks, members can invest in U.S. Treasury and agency securities, municipal and corporate bonds, commercial paper, and tax deferred annuities, and more than 4,000 load and no-load mutual funds. The maximum size trade is 5,000 shares. Republic provides free delivery of the securities, and free dividend reinvestment for most stocks and mutual funds.

Call (800) REPUBLIC (737-8254), and select option 6 to use the voicebroker service or speak to a representative. *


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