Reg BI and the Future of Compliant Investment Recommendations
Broker-dealers have known about the pending Reg BI deadline since June 2019. While the Coronavirus pandemic and pending Reg BI lawsuits have created speed bumps, the main question remains: How can broker-dealers demonstrate they are acting in the best interest of retail clients when making investment recommendations?
In this 45-minute webinar, industry experts from Morningstar, RumbergerKirk, and InvestorCOM discuss:
- Regulatory and legal implications of Reg BI and the Care Obligation on broker-dealers and associated persons
- Options for illustrating that ‘Reasonably Available Alternatives’ have been considered when making investment recommendations
- Best practices around disclosure and record keeping when making recommendations in a remote-work environment