A Close Look at the SEC’s New Regulation Best Interest and Related Rules and Guidance

On June 5, 2019, the Securities and Exchange Commission adopted a long-awaited suite of rules, interpretive guidance and forms that, in the words of the accompanying press release, is “designed to enhance the quality and transparency of retail investors’ relationships with investment advisers and broker-dealers, bringing the legal requirements and mandated disclosures in line with reasonable investor expectations, while preserving access (in terms of choice and cost) to a variety of investment services and products.” Financial Industry Partners, Peter LaVigne and Marco Adelfio will be hosting a webinar for Wells Fargo attorneys breaking down and explaining the new rules.