Do stock brokers have to disclose commissions before buying a stock for you?

Answers:2   |   LastUpdateAt:2012-11-03 03:27:01  

Question
kyaria
Asked at
My 401k has offered a personal account option brokerage . I signed up and was forced to use a broker chosen by my employer to purchase shares . I asked the agent to make an exchange 40k and get a get a confirmation e shows a week after I charged a fee of 1k . Is this legal ? I should have asked the price. I figured it would be no more than a couple hundred . It was one of the stcok 10k $ 4. Any help would seem , would be appreciated.
Answer1YeyaAnswered at 2012-10-23 01:52:44
That's a fairly high price , but I guess it 's up to you to inquire about fees before surgery .
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