Totally agree. His argument basically boils down to this: because the banks can't rip off retail investors by making at least $0.25 per share traded, they can'

Totally agree. His argument basically boils down to this: because the banks can't rip off retail investors by making at least $0.25 per share traded, they can't be bothered to trade and issue research on smaller stocks. Boo-freaking-hoo.