Reg BI vs. the Fiduciary Standard
REGULATION BEST INTEREST (REG BI)
Regulation Best Interest (Reg BI) is a landmark rulemaking package that has reshaped the way broker-dealers and their associated persons conduct business with their retail customers. This advanced course provides an in-depth exploration of the complexities and nuances of Reg BI. By examining its history, intent, implementation challenges, and practical implications, students will garner a comprehensive understanding of the rule and its broader impacts on the securities industry.
Course Objectives:
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Understand the historical and regulatory background leading up to the adoption of Reg BI.
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Analyze the major components of Reg BI and their implications for broker-dealers and investment professionals.
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Apply knowledge of Reg BI in real-world scenarios, evaluating compliance and potential conflicts of interest.
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Compare and contrast Reg BI with the fiduciary standard and other global standards.