• CCG

SEC maintains deadline for Reg BI



The SEC will maintain it’s planned deadline for implementation of a major investment-advice rule per a recent article by Investment News.


Financial firms must comply by June 30 with Regulation Best Interest, which is meant to raise the advice standard for brokers. They also must prepare a client relationship summary, known as Form CRS, that outlines their fees, services and conflicts of interests and describes the differences in those areas between brokers and investment advisers.