@MarkSchoeff – As Massachusetts' uniform fiduciary proposal leaps closer to finalization, and NJ's substantially sim. proposal remains in wings, we face prospect of a new paradigm that other states follow. The potential implications are significant. More: https://t.co/XNUjjMN5IA
— Fiduciary Governance Group (@FidGovGroup) December 2, 2019
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.