SL02 - Life Under Regulation Best Interest

Date/Time: 
10/20/2020 - 10:35am to 10/20/2020 - 11:50am
Room: 
TBA

On June 5, 2019, the SEC adopted Regulation Best Interest (“Reg BI”), which establishes a “best interest” standard of conduct for broker‐dealers and associated persons for recommendation of securities and investment strategies. In June 2020, firms were required to fully comply with Reg BI. This panel will address Reg BI implementation, including adoption of policies and procedures and development of the Form CRS, from the perspective of the regulators and potentially, the industry.