Risk and Compliance Webinars | Financial Regulators

Understanding Regulation Best Interest and Form CRS

Written by MCO Webinar Team | Oct 7, 2019 11:45:00 AM

The SEC recently announced Regulation Best Interest (Reg BI), clarifying required standards of conduct for broker-dealers when advising retail customers. As part of the new rules, broker-dealers will need to provide a brief relationship summary, Form CRS, to retail investors. Firms must be ready to comply with Reg BI and Form CRS by June 30, 2020.

Join MCO and Carl Seiler, JD, Managing Director of Blue River Partners for an overview of Reg BI and Form CRS and the implications for broker-dealers and investment advisers, including:

  • The standard of conduct for investment advisers
  • Form CRS relationship summary
  • An interpretation of the "solely incidental" prong of the broker-dealer exclusion under the Advisers Act

Watch the on-demand webinar now!