This session will focus on reviewing the key components of Regulation Best Interest and the practical and tactical implications associated with satisfying the requirements under the enhanced standard of care.
Advanced Preparation: None
Pre-requisites for participation: None
• Understand the evolution of the Broker Dealer standard of care up through Regulation Best Interest
• Understand when the duties under Reg BI apply
• Compare the difference between the enhanced standard of care required by Reg BI and the fiduciary standard of care owed by advisers under the Advisers Act
• Discuss the practical compliance considerations implicated by Reg BI