top of page

FINRA Won’t Nix Suitability Rule in Light of Reg BI

FINRA plans to submit to its board shortly a rule proposal on sales contests and FINRA’s suitability rule “to conform them to Reg BI,” (Regulation Best Interest) its legal chief says.

By Melanie Waddell | October 21, 2019, at 11:48 AM | Source:

  1. Instead of eliminating the suitability rule, FINRA plans to submit a proposal that will allow the suitability rule to “conform them to Reg BI,” according to FINRA’s chief legal officer, Bob Colby.

Click Here to read the full article

bottom of page