Finra plans to revive controversial broker compensation proposal
The regulator will consider a revised version of a rule requiring brokers to disclose recruitment incentives at its board meeting next week.
Finra will revive a proposal next week that would require brokers to disclose recruitment incentives to clients who follow them to their new firms.
On Thursday, the Financial Industry Regulatory Authority Inc. announced the rule would be on the agenda for its Sept. 19 board meeting.
In June, the in
Learn more about reprints and licensing for this article.