On October 27th, the Financial Industry Regulatory Authority requested comment on a concept proposal that would require member firms, at or prior to commencing a business relationship with a retail customer, to provide a written statement to the customer describing the types of accounts and services it provides, as well as conflicts associated with such services and any limitations on the duties the firm otherwise owes to retail customers. Comments should be submitted on or before December 27, 2010. FINRA Regulatory Notice 10-54.