Why do Registered Broker/Dealers Allow Commision Overides?

Its the overides that have done more damage to the industry than anything else. Just sponser traders and have a clear tiered commission structure for all traders - so the more you trade the lower your commisions (kinda like how it works in futures). That would eliminate a lot of the shady practices so prevalent in this industry.
 
Quote from Rahula:

Its the overides that have done more damage to the industry than anything else. Just sponser traders and have a clear tiered commission structure for all traders - so the more you trade the lower your commisions (kinda like how it works in futures). That would eliminate a lot of the shady practices so prevalent in this industry.

I don't think you understand what an overide is. What you are suggesting wouldn't fix the problem.
 
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