Regulatory Update
Reg BI, which just recently took effect on June 30, 2020, goes beyond existing suitability regulations to fundamentally alter the investor protection process.
By providing advisors a powerful yet simple tool you can proactively ensure they are meeting the needs of their retail customers.
COVID-19 caused many firms to put Reg BI compliance on the back burner. Dave Ackerman has three key lessons to help firms get compliant by June 30.
SIFMA recently hosted the Regulation Best Interest Vendor Forum in New York. Dave Ackerman was part of the panel "Documenting Best Interest, Supervision and Surveillance," and shares his 3 top of mind take-aways from the discussions.