In The Broker/Dealer Report, a special supplement to the April 2008 issue of the Journal of Financial Planning, Shane Hansen of the law firm Warner Norcross & Judd LLP writes about legalities of changing firms and bringing your current clients with you to the new firm. Read Shane's article here.

As this article was being sent to press, the SEC released its proposed rule regarding Regulation S-P (http://www.sec.gov/rules/proposed/2008/34-57427.pdf) and opened a 60-day comment period on its proposal (May 12, 2008 is the deadline for submitting comments).

What are your thoughts and experiences with Regulation S-P? Have you recently switched firms? Are you thinking about switching firms? If so, what steps are you taking to ensure compliance with Reg. S-P? Share your thoughts here with your colleagues.