Regulation Best Interest

The Division encourages broker-dealers to review their practices, policies, and procedures with respect to Regulation Best Interest in order to address the issues raised in ...

Onetime critic tasked with new guidance, Gensler says

'These fees are crazy...'

In a Q&A format, the bulletin addresses identifying, eliminating, mitigating and disclosing conflicts, as well as product menus

"The following is a staff bulletin styled as questions and answers reiterating the standards of conduct for broker-dealers and investment advisers in identifying and addressing ...

After nearly 600 examinations, FINRA has signaled changes to the focus of Reg BI and Form CRS exams are afoot

The SEC claims the defendants failed to comply with both Reg BI's "Care Obligation" and "Compliance Obligation"

'The SEC has not brought one enforcement action,' consumer advocate says. 'That’s not because all firms are complying...'

"Firms need to take investor protection and compliance obligations seriously, reining in or curing any conflicts and really delivering the best interest advice that investors ...

RCW has taken the nearly 3,000 word staff release and converted the guidance into a list of do’s and don’ts