By now, I trust that you are aware of the FINRA proposed rule to "require disclosure of conflicts of interest relating to recruitment compensation packages." The proposal put forth by Regulatory Notice 13-02 states that disclosure would need to be prominent and give details of the transitional compensation package, including signing bonuses, loans, accelerated payout, and back-end bonuses. FINRA is further suggesting that these details be presented both orally by the advisor and in writing by the firm as a prerequisite for transferring retail clients' accounts to the new firm.
I personally oppose this proposal believing it violates the privacy right of advisors who are non-public individuals. I find it yet another symptom of the anti-business trend in America, which tends to villanize success.
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