Not So Naked and Not So Afraid: FINRA’s New Compensation Rule Does Not Require Brokers to Bare All (Financially) When Changing Firms

By | Broker- Dealer Law Corner | April 13, 2016

Two years ago, FINRA first proposed to the SEC a rule that would require brokers to disclose to clients not only when they receive compensation (including signing bonuses and other payments) to switch from one broker-dealer to another, but, worse, the amount of that compensation.

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