Battling the bulge: new brokerage group to provide outsourced sales and trading services. (Sell-Side Focus).(Soleil Securities,)

MANY ENTREPRENEURIAL TYPES BELIEVE that bad situations often create opportunities for growth. If that's true, then there are certainly plenty of opportunities on Wall Street these days. Amidst the conflict of interest scandals and a dismal market comes a new kid on the block--Soleil Securities, a recently formed brokerage group created by industry veterans in response to the Street's call for independent research and the need for independent sales and trading services.

Soleil plans to provide these services by forging partnerships and arrangements with existing independent research boutiques, acting as a catalyst for the formation of new boutiques and providing …