Reg Bi

This walks you through SEC Regulation Best Interest compliance for broker-dealer recommendations. It covers the four core obligations (Disclosure, Care, Conflict of Interest, Compliance) and explains what triggers the "recommendation" standard, which is broader than you might think. It includes rollover analysis, the reasonably available alternatives requirement, dual-registrant capacity issues, and how Reg BI differs from FINRA suitability rules. Useful if you're building compliance procedures, evaluating whether a specific interaction counts as a recommendation, or prepping for SEC examinations. The care obligation section is detailed on cost comparison documentation, which tends to be where firms trip up.