A broker offers a dealer an incentive in the form of a reduction to the agreed schedule of brokerage between the firms.

Last Updated on January 29, 2022 by Admin 3

A broker offers a dealer an incentive in the form of a reduction to the agreed schedule of brokerage between the firms.

  • This is a normal volume discount.
  • The offer requires approval in writing by both senior managements.
  • The offer requires agreement in writing between the broker and the dealer.
  • This is illegal.
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