Regulation Best Interest: Understanding the SEC’s Proposal and How it Affects the PDI Industry
In April, the SEC proposed Regulation Best Interest, a comprehensive proposal to solidify client standard of care guidelines. This call takes a closer look at how certain standards are reinforced and what new standards the SEC has proposed.
In addition, we extrapolate potential outcomes and how Regulation Best Interest might impact your firm and how to reconcile the fledgling DOL Fiduciary Rule with the SEC’s proposal.
Anya Coverman, SVP Government Affairs and General Counsel, Institute for Portfolio Alternatives
John Grady, Partner, DLA Piper
Mark Quinn, Director of Regulatory Affairs, Cetera Financial Group