FINRA Tells Broker-Dealers How to Better Manage Conflicts of Interest

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A much-anticipated FINRA report concludes that broker-dealers must do more to manage conflicts of interest.

FINRA said that the report, published on October 14, 2013, highlights “effective conflicts management practices that may go beyond current regulatory requirements and identify potential problem areas,” according to the statement of FINRA CEO Rick Ketchum.

Please see full alert below for more information.

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Topics:  Broker-Dealer, Conflicts of Interest, FINRA

Published In: Business Torts Updates, General Business Updates, Finance & Banking Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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