CFTC Rule 1.71, applies to conflicts of interests within a brokerage operation, among other things. That is to say that the “research” department and the “trading” desks must independently coexist. The genesis of the rule really comes from the securities industry where research departments tout trade recommendations to the brokers who in turn interact with…...
Wake Up Call– Rule 1.71 Effective Date August 3
- Post published:July 24, 2012
- Post category:Marketing