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Wirehouses Support Disclosure of Broker Recruitment Incentives

Merrill Lynch, Morgan Stanley and UBS have expressed support of a Finra proposal that would require firms to disclosure recruitment incentives they use to encourage brokers to switch firms, reports AdvisorOne.

Many industry observers expect the proposed rule to be adopted.

Read the full article from AdvisorOne here.

 

Merrill Lynch & Co.

 

 

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