01-21-20
SEC’s Regulation Best Interest: Perspectives on Firm Compliance
From the moment it was proposed, Regulation Best Interest (“Reg BI”) was a lightning rod for adherents and detractors of all stripes. This two-part article is an overview of the current state of play on the impending SEC Reg BI rule: how we got here, what the rule requires and what firms need to have in place before the final compliance implementation dates.