Regulation Best Interest

The SEC's Trading & Markets Division "will not recommend enforcement action to the Commission against broker-dealers that do not treat family offices that qualify as ...

Broker-dealer compliance officers have been handed a scoresheet for preparing for SEC exams checking on compliance with Reg BI via a new statement from the ...

"Failure to have adequate written policies and procedures and failure to have adequate supervisory and compliance oversight may indicate recurring issues in complying with Regulation ...

There are now nearly 13,500 SEC-registered IAs managing $97.2 trillion in assets

The SEC and FINRA in effect issued a first quarter report card on how B-Ds and dual-registrants are doing in complying with the new regulation

"OCIE, have been conducting initial examinations after the compliance date. Initial examinations of Reg BI and Form CRS have focused on assessing whether firms have made ...

"Today, the Commission proposes to carve out this conduct, a mere three months after the compliance date for Reg BI"

You can watch the two-hour event online live or on demand

While both broker-dealers and investment advisers may be subject to a best interest standard of conduct, there are significant differences in the customer/client relationship covered

The firm was asked to hand over everything from a list of retail customers to fee “grids or schedules” to information on any “bonuses or ...