Recently, the U.S. Securities and Exchange Commission’s (“SEC”) Office of Compliance Inspections and Examinations (“OCIE”) issued a Risk Alert to provide broker-dealers with guidance on examinations regarding regulation Best Interest (“Reg BI”). Reg BI requires that when broker-dealers make a recommendation regarding securities to a retail customer it must act in the best interest of the customer, without placing its own financial or other interest ahead of the retail customer’s interest. The Financial Industry Regulatory Authority (“FINRA”) also ...
Blog Editors
Recent Updates
- Colorado’s Historic AI Law Survives Without Delay (So Far)
- Disparate Impact Liability Under Fire
- Mental Health Parity – What Non-Enforcement of the 2024 Parity Rule Means for Employer Plans
- New York City Employers: It’s Time to Post Your Lactation Policy
- Podcast: Trade Secrets on Trial - Strategic Decisions for the Courtroom – Employment Law This Week