10 Questions
What type of conflicts arise from the compensation structure of a product that may motivate the sale of that product?
Compensation-Related Conflicts
Which type of fee involves the product offering a higher commission rate or an ongoing stream of income over time?
Trailing Commissions
What will be banned in all jurisdictions effective June 1, 2022?
Deferred Sales Charge (DSC) Funds
Which conflict arises from the competing interests of the firm wanting proprietary products to be distributed successfully and clients' needs to be suitably invested?
Proprietary Conflicts
What type of fees offer an ongoing stream of income over time?
Performance Fees
Which fee involves splitting commissions between parties?
Split Commissions
What type of fees are potential incentives for conflicts of interest?
Deferred Sales Charge (DSC)
Which type of conflicts arise from the compensation structure of a given product?
"Compensation-Related" Conflicts
What types of fees involve an ongoing stream of income over time?
"Performance Fees"
Which type of fee provides a higher commission rate or ongoing income over time?
Performance Fees
Learn about the various forms of conflicts of interest such as existing, potential, and perceived, and how they can interfere with fair dealings with clients. Understand the importance of identifying and addressing conflicts in business.
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