Regulation Best Interest

Firm failed to establish and maintain a supervisory system, including WSPs, to achieve compliance with Reg BI

FINRA identifies findings tied to failures to comply with the Reg BI compliance obligation

SEC's Division of Examinations intends to incorporate performance with Reg BI into retail-focused exams of broker-dealers

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"