FINRA published a report on best practices used by broker-dealers to manage conflicts of interest. See http://www.finra.org/web/groups/industry/@ip/@reg/@guide/documents/industry/p359971.pd?utm_source=MM&utm_medium=email&utm_campaign=NewsRelease_Conflict_101413_FINAL.
The report was based on responses to a sweep letter sent out by FINRA in July 2012, as well as meeting firm representatives and a follow-up questionnaire. The report focuses on three main areas:
- broker-dealers’ enterprise-level frameworks