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It is now going on two years since the four major brokerage firms got caught up in the contingency fee scandal that rocked the industry and changed the way those brokers do business. In the aftermath, the brokers have lost revenues and worked to make significant adjustments to their business strategies. Meanwhile, there are indications that the fallout from the loss of contingent commissions may be helping the business of other brokers and independent agencies, either through recruitment of new talent or new accounts.


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