Anti-Reciprocal Rule

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Definition: Anti-Reciprocal Rule

Anti-Reciprocal Rule
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Full Definition of Anti-Reciprocal Rule

A Financial Industry Regulatory Authority (FINRA) regulation whereby a mutual fund manager and brokerage firm cannot influence customers to conduct business with the other company. The rule addresses a conflict of interest that exists between the two market makers, and protects investors from being unscrupulously advised.

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https://payrollheaven.com/define/anti-reciprocal-rule/
Modern Language Association (MLA):
Anti-Reciprocal Rule. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/anti-reciprocal-rule/.
Chicago Manual of Style (CMS):
Anti-Reciprocal Rule. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/anti-reciprocal-rule/ (accessed: April 19, 2024).
American Psychological Association (APA):
Anti-Reciprocal Rule. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/anti-reciprocal-rule/

Definition Sources

Definitions for Anti-Reciprocal Rule are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 19th November, 2021 | 0 Views.