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Finra Lets Brokers Know of Trouble Areas

NEW YORK–Brokers recommending business development companies and leveraged loan products may want to tread a little more cautiously. The investments top the Financial Industry Regulatory Authority’s list of potentially unsuitable products for 2013. Finra outlines its priorities at the start of each year in a letter to the broker-dealer firms it oversees. The firms scrutinize it closely, and often put their own spotlight on advisers’ dealings in areas that are singled out as potentially problematic. More in the Wall Street Journal here.

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