Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:FINRA Wants Firm Change Bonus Disclosures Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, September 12, 2013

FINRA Wants Firm Change Bonus Disclosures

News summary by MFWire's editors

FINRA made a proposal that requires brokers getting bonuses to switch firms disclose that information to clients they attempt to bring with them to the new firm, Reuters' Suzanne Barlyn reports. It will be discussed on September 19.

FINRA Chairman and Chief Executive Richard Ketchum said that the disclosure would let investors know of a conflict of interest in their brokers' decision to ask them to switch firms, Barlyn reports. It's important investors know this, Ketchum said, because a firm switch could cost investors a pretty penny, as they may have to sell some securities the other firm doesn't have, like brokerage-branded mutual funds.

To read more, click here.  

Edited by: Casey Quinlan


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use