In a bid to stay in step with the growing number of
full-service brokerages going into online trading, regulators
have boosted efforts to revise rules governing online trading.
The action has not gone over well with online trading
trailblazers like Charles Schwab, which has argued that holding
online brokerages to traditional suitability requirements might
deny customers the benefits of technology. Regulatory agencies
sorting through the matter include the Securities and Exchange
Commission and the National Association of Securities Dealers.