Internet trading has taken on such an importance in the current stock market that SEC Chairman Levitt is now warning investors about the pitfalls of online investing.

The SEC estimates that one quarter of all stock trading is now done through online brokerages. The commission expects there to be ten million online brokerage accounts by the end of the year.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.