Regulation Best Interest

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.

Knowledge dissolves in information

The issues on the agenda today are all critically important for investors: Regulation Best Interest, gamification of trading, ESG, and the private markets

"The SEC did not follow up on indications that key aspects of the disclosures were not well-understood by investors: specifically, the distinction between a relationship ...

Beneficial owner, Reg BI, fiduciary duty on Commission's menu