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Subject:  Zions Direct a Good Choice? Date:  11/5/2009  10:39 PM
Author:  PCScipioA Number:  28957 of 36218

I'm considering opening an account with subject broker, a wholly owned subsidiary of Zions Bancorporation. Zions Direct has been recommended as a good place to buy bonds; $10.95/trade (plus markup, I'm sure) and a rather extensive inventory (at least compared to what I see at Schwab and E*Trade). I recognize Zions Bankcorp is in poor financial shape. Two questions:

Are there other brokers I should look at for bonds? If the bankcorp goes BK, is the money in my brokerage account at risk?

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