Roseland, NJ (USA) – November 28, 2011 – DPC DATA, provider of information solutions to municipal bond traders, advisors and investors, today announced that Scottrade, Inc. has joined the growing list of trading and advisory firms that are using DPC DATA’s MuniPOINTS® and MuniDOCS® Online for disclosure compliance and point-of-sale disclosure to investors.
“When we incorporated MuniPOINTS into our trading systems, we not only addressed our disclosure compliance issues in municipal bond sales, but also provided our self-directed investors with the fast and comprehensive access to municipal disclosure research used by industry professionals,” said Mike Shamia, assistant director of fixed income, Scottrade. “The deployment was easy, and the feedback has been positive from everyone concerned.”
Designed for point-of-sale disclosure compliance, MuniPOINTS are easy-to-read summaries of municipal bond offerings, containing “just the facts” in bullet-point text, excerpted directly from the official statements. In addition, Scottrade has enabled MuniPOINTS users to obtain one-click access to related current and historical primary and secondary market disclosure information, including critical material event notices via MuniDOCS Online.
“We are delighted to welcome Scottrade and their online investors to the growing MuniPOINTS user group,” said Michael Ruvo, president of DPC DATA. “MuniPOINTS is rapidly becoming the de facto standard among leading brokers and advisors for simplified disclosure compliance, as well as rapid research and exceptional customer service.”
With the growing number of firms offering MuniPOINTS and related disclosure information to dealers, registered representative and financial advisors, MuniPOINTS are now available to over 100,000 financial professionals, as well as millions of retail investors.
About Scottrade, Inc.
Investors who enjoy online stock trading will find value and personalized customer service at online investing firm Scottrade, Inc. Founded in 1980, Scottrade enables customers to learn about online trading tools, stock market research and how to buy stocks online, many at just $7 per trade. With more than 500 nationwide branch offices, Scottrade has the largest branch network among online brokerage firms. To learn more about one of FORTUNE magazine’s “100 Best Companies to Work For,” visit about.scottrade.com or www.scottrade.com and follow us on Facebook, Twitter, YouTube, Flickr. Member FINRA/SIPC.
About DPC DATA
DPC DATA Inc., founded in 1992, is the leading provider of disclosure-related data products and specialized data services to the municipal industry. Its customers include more than 600 financial institutions and information intermediaries. DPC DATA is a privately held firm, headquartered in Roseland, NJ. For more information please visit www.DPCDATA.com or e-mail us at firstname.lastname@example.org
MuniPOINTS and MuniDOCS Online are registered trademarks of DPC DATA Inc.