Securities firms dangled big signing bonuses to lure thousands of brokers away from rival...

|By:, SA News Editor

Securities firms dangled big signing bonuses to lure thousands of brokers away from rival companies in recent years, but now they want their money back. FINRA arbitration panels have issued about 165 awards related to "promissory notes" this year, 17% of all FINRA arbitration awards in 2010, highest percentage in a decade.