FINRA’s Board of Governors will finally consider its controversial plan to require transitioning advisors to disclose recruitment incentives.

After postponing discussion on the plan in July, the regulator has added consideration of an “updated proposal” to its September 19 agenda, according to a posting on its website. If eventually enacted, the FINRA rule would "require disclosure of compensation a registered representative receives in connection with changing firms and other important considerations for a customer deciding whether to follow the representative to a new firm."

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