Regulation Best Interest

FINRA cautions that issues can arise when issuers don't understand the unique characteristics of complex products and their risks

The staff strongly encourages firms to eliminate or mitigate any incentive that poses a risk of causing the firm or its financial professionals to place ...

Expert sees regulatory jujitsu in Chairman's moves

FINRA executed "a more comprehensive review of firms' processes, practices and conduct" in several areas

Lee suggests firms bring an "enhanced focus" to recommendations and mitigate conflicts of interest

The "tide-turning reforms" expected after Reg BI took effect have yet to fully materialize

Focus areas should serve as a useful guide for shoring up compliance weaknesses

"Compliance personnel should closely evaluate account opening procedures, to consider whether practices for selecting default account options or presenting or otherwise highlighting a subset of ...

Fleming says recent events have exposed what may be a significant flaw in Regulation Best Interest

'A regulator who always says "no" is not serving investors well,' Peirce says.