A Financial Industry Regulatory Authority (FINRA) regulation whereby a mutual fund manager and brokerage firm cannot influence customers to conduct business with the other company. The rule addresses a conflict of interest that exists between the two market makers, and protects investors from being unscrupulously advised.
Related information about anti-reciprocal rule:
- Anti-Reciprocal Rule Definition | Investopedia
A rule created by the Financial Industry Regulatory Authority (FINRA) to protect individual investors from conflicts of interest that may arise when brokerage firms ...
- Anti-Reciprocal Rule - Financial Dictionary - The Free Dictionary
A FINRA rule stating that two investment companies and/or brokerages may not collude to direct business to each other. For example, the anti-reciprocal rule ...
- What is anti-reciprocal rule? definition and meaning
Definition of anti-reciprocal rule: A Financial Industry Regulatory Authority (FINRA ) regulation whereby a mutual fund manager and brokerage firm cannot ...
- Quick & Reilly, Inc., Piper Jaffray & Co - finra
Feb 22, 2005 ... That conduct violated NASD's "Anti-Reciprocal Rule" which prohibits firms from favoring the sale of shares of particular mutual funds on the ...
- FINRA Rules & Regulations: Anti-Reciprocal Rule | Average Holding ...
Jun 1, 2011 ... What Is Anti-Reciprocal Rule and Anticipated Holding Period Issued By FINRA As you know, different financial rules and trade policies are ...
- Print - FINRA - Rules and Regulations
The Anti-Reciprocal Rule ... As originally adopted in 1973, the Anti-Reciprocal Rule prohibited members from seeking orders for the execution of portfolio ...
- SEC Is Unclear in Dismissing NASD Rule Dispute on Vagueness ...
Jul 13, 2011... of Denver Institute for Public Policy Studies discusses the SEC's recent refusal to enforce a former NASD anti-reciprocal rule as too vague.
- SEC News Digest, June 27, 2011
Jun 27, 2011 ... Commission Sets Aside Disciplinary Action Against American Funds Distributors, Inc., for Alleged Violations of Anti-Reciprocal Rule ...