FINRA Disclosures Relating to Recruitment Compensation Practices
Published on:
March 5, 2013
SIFMA provides comments to the Financial Industry Regulatory Authority (FINRA) on FINRA’s proposal, which would require disclosures relating to recruitment compensation practices, Regulatory Notice 13-02. SIFMA believes that disclosure about any potential conflicts themselves should be the centerpiece of FINRA’s proposal. SIFMA believes that at key moments in the investment process investors need clear, targeted and understandable disclosure on key factors for their investment decisions. Simple, plain-English disclosures permit investors to make informed choices.