In an article for InvestmentNews, Mark Schoeff Jr. covers the latest developments in the SEC and FINRA’s implementation of Regulation Best Interest (Reg BI). Reg BI was passed in 2019 and implemented ...

While most broker-dealers are making a “good faith effort” to comply with Regulation Best Interest, some firms are not properly implementing the massive new retail investment advice rules designed to ...

The implementation date for Reg. BI and Form CRS remains June 30, 2020. The SEC’s initial compliance review will be focused on “good-faith efforts.” Firms should make good faith efforts to implement ...

On June 5, 2019, the U.S. Securities and Exchange Commission (SEC) adopted Regulation Best Interest (Regulation BI). [1] The goal of Regulation BI is to improve investor protection by: (1) enhancing ...

Now that financial firms know that the deadline for implementing the Securities and Exchange Commission’s higher investment-advice standard for brokers remains June 30, they have to figure out what ...

In a rare display of an industry trade group’s support for new regulation and enforcement, independent wealth managers are praising the SEC’s Regulation Best Interest. Processing Content More than 80 ...

Broker/dealer firms subject to Regulation Best Interest have been slow to make compliance reforms since the rule was implemented last year, according to a new survey from the North American Securities ...

State regulators are sounding alarms about the negligible impact of the SEC’s Regulation Best Interest rule as the regulator devotes less time to retail advice standards than other priorities in Chair ...

BI software – tools, platforms, and applications alike – holds great potential for helping organizations readily access the enterprise information needed to make informed business decisions and, ...