canadiananalyst

manishsd Wrote:
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> The answer to this implies that Additional
> Compensation Arrangement is only for conflict with
> employer's interest? If it conflicts with
> client's interests, it does not matter?

Not sure what you are referring to, but is it the one where the employers had an internal contest with a monetary reward for whoever opens the most accounts?

If so, then there is no apparent violation as far as I can see. It WOULD be a violation, however, if the employer had an internal contest with any type of valuable reward for those who outperform a benchmark (or anything performance related), as it would create a conflict of interest, i.e., the manager might seek additional risk not suitable for client portfolios.