What are the different ways in which mutual fund salespeople are compensated? Consider all salespeople from personal financial advisors who work for themselves to advisors who work in the major banks? What are the conflicts of interest that each salesperson faces because of the compensation systems that they work under? How can these conflicts of interest be minimized? Should they be minimized? Are there any laws that currently restrict the form or amount of payment? Are salespeople required to disclose to their clients the form or amount of payment that the salespeople receive? Must be 10 pages and include