In theory, financial professionals are relatively distinct: A broker-dealer conducts transactions in securities on behalf of itself and others; and an investment adviser provides advice to others regarding securities. Different laws regulate each type of professional, but boundaries have blurred. This report examines current business practices and investor understanding of each type.

Investor and Industry Perspectives on Investment Advisers and Broker-Dealers

Business & Money

Berrebi, Claude

Clancy, Noreen

Hung, Angela A.

Dominitz, Jeff

Talley, Eric

Economics

RAND Corporation

This book discusses the opportunities and risks the government of Israel faces in shifting to a greater reliance on domestic and imported natural gas. By applying newly developed methods for strategic planning and decisionmaking under deep uncertainty, the analysis seeks to help the Israeli government engage in managed change by choosing robust strategies that minimize potential consequences of relying more heavily on natural gas.

Natural Gas and Israel's Energy Future: Near-Term Decisions from a Strategic Perspective

Griffin, James

Light, Thomas

Popper, Steven W.

Min, Endy Y.

As part of an exploration of ways to predict what determines the targets of suicide attacks, RAND conducted a proof-of-principle analysis of whether adding sociocultural, political, economic, and demographic factors would enhance the predictive ability of a methodology that focused on geospatial features. This test case focused on terrorist bombing incidents in Israel, but the findings indicate that the methodology merits further exploration.

Predicting Suicide Attacks: Integrating Spatial, Temporal, and Social Features of Terrorist Attack Targets

Self-Help

Perry, Walter L.

Brown, Ryan Andrew

Hollywood, John

Jaycocks, Amber

Roshan, Parisa

Sullivan, Thomas

Miyashiro, Lisa

Death & Grief

Israel has changed dramatically in the past two decades. The Israel Police is transforming itself to meet the needs of modern Israel. The Ministry of Public Security, the Ministry of Finance, and the Israel Police asked RAND to conduct a study to address issues of public perceptions and trust in the police, benchmarking the police against other police organizations, performance measurement, and deterrence and crime prevention.

Effective Policing for 21st-Century Israel (Safety and Justice Program)

History

Davis, Robert C.

Morral, Andrew R.

Saunders, Jessica

Middle East

This report highlights selected inputs made to a high-level Israeli government team assessing how to bring a strategic perspective to domestic policy deliberations. To illustrate a strategy process, it uses the example of policy for population aging.

The Strategic Perspective and Long-Term Socioeconomic Strategies for Israel: Key Methods with an Application to Aging

Shatz, Howard J.

Efron, Shira

Abramzon, Shmuel

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Books by Berrebi, Claude