On June 5, 2019, the SEC adopted Regulation Best Interest (“Reg. BI”), which not only required the disclosure of interest, but also imposed a standard of conduct on broker-dealers (“BDs”) when making a recommendation to a retail customer of any securities transaction or investment strategy. Read our Client Alert https://www.mmlawus.com/newsitem/pdf/SEC_Adopts_Rule_15l-1_-8947649653849290607.pdf.
SEC Adopts Rule 15l-1 to Require Broker-Dealers to Act in Best Interest of Retail Customers
- FINRA Rule 6432 – Update
- Rule 15C2-11 and Debt Securities
- SEC Rule 15C2-11 and FINRA Rule 6432: New Form 211 and QIDQS Requirements
- Taliban Resurgence in Afghanistan Raises Sanctions Issues for Financial Institutions and Money Transmitters
- The Jury is In – Blockchain and Cryptocurrencies: They ARE Competitive Advantages