February 9, 2015
When financial brokers leave an organization for another, they often wish to take their clients with them.  In 2004, major financiers entered into an agreement entitled The Protocol for Broker Recruiting, with a goal to "further the clients' interests of privacy and freedom of choice in connection with the movement of their Registered Representatives between firms."  The Protocol specifies what account information a departing broker may take with them and how they may contact previous clients. 

What are the benefits of this Protocol, and how has it been interpreted by the courts when matters have gone to litigation?  Shareholder Paul Wood elaborates in the white paper "The Protocol for Broker Recruiting in Court: How Courts Have Interpreted the Protocol in Injunctive Relief Proceedings". 

To read the full publication, please click here.