In August 2015, FINRA sent to members a “sweep letter” requesting a broad range of information as to their broker compensation practices and supervision. In the letter, FINRA indicates that its intent is to “continue [its] assessment of the efforts employed by firms to identify, mitigate and manage conflicts of interest, specifically with respect to compensation practices.”

The text of the letter, and a summary of its requests, may be found at the following link on the FINRA website: