Best Interest

How will Reg BI affect revenue sharing?

Fiduciary Governance Blog • November 19, 2019 November 19, 2019 • News • Tags: Best Interest, SEC

SEC Reg BI Will 'Force Changes' in Revenue Sharing: Morningstar | ThinkAdvisor

Under Reg BI, brokers have an obligation to mitigate and disclose the kinds of conflicts that revenue sharing can create.

ThinkAdvisor

Update on NAIC model rule re. annuity sales

Fiduciary Governance Blog • November 7, 2019 November 8, 2019 • News • Tags: Best Interest, NAIC

State insurance commissioners closing in on stronger standard for annuity sales

Critic says latest iteration falls short of true best-interest standard set by New York

www.investmentnews.com

FINRA to launch Reg BI preparedness reviews next month

George Michael Gerstein • October 30, 2019 October 30, 2019 • News • Tags: Best Interest

Finra Reveals Reg BI ‘Preparedness Reviews’ Starting in November

Financial Advisor IQ

States’ suit against SEC re. Reg BI not succeeding yet

Fiduciary Governance Blog • October 17, 2019 October 16, 2019 • News • Tags: Best Interest, Illinois, Maryland, Massachusetts, Nevada, New Jersey, New York, SEC

States' suit against SEC to block Reg BI gets the boot

The fate of seven states' lawsuit seeking to block Regulation Best Interest is now in the hands of a federal appeals court.

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FINRA posts podcast on Reg BI compliance

Fiduciary Governance Blog • October 16, 2019 October 16, 2019 • News • Tags: Best Interest

Yesterday, FINRA posted a podcast by its Chief Legal Officer, Bob Colby, on Regulation Best Interest, walking through the rule and steps FINRA member firms will need to take to prepare for its implementation.

New York’s Department of Financial Services reportedly planning to investigate sales of annuities in the 403(b) retirement plan marketplace

Fiduciary Governance Blog • October 14, 2019 October 11, 2019 • News • Tags: Best Interest, New York

New York Financial Services Regulator Starts Investigation of Annuities in 403(b)s | PLANADVISER

It is looking into whether agents are engaging in deceptive and unfair sales practices, such as failing to appropriately disclose product costs and merits.

PLANADVISER