MILWAUKEE – Quest CE, trusted provider of compliance training and tracking technology solutions, announced the addition of the new Firm Element course, “Regulation Best Interest Update: Recent Regulatory Developments” to its Firm Element e-learning catalog.
Since Regulation Best Interest (Reg BI) went into effect on June 30, 2020, broker-dealers are now held to a standard that is similar to the fiduciary responsibility that Registered Investment Advisers and their reps have been held to since the 1940s. The SEC and FINRA have observed that many firms have fallen short in terms of properly implementing Reg BI, and have brought forward various enforcement actions. This course will focus on three core topics: 1) The SEC’s 2023 staff bulletin focusing on Care Obligation, 2) FINRA’s 2023 report on examination findings related to the implementation of Reg BI, and 3) an overview of some recent regulatory actions brought by both the SEC and FINRA.
Course Topics Include:
- SEC Staff Bulletin: Reg BI
- FINRA’s 2023 Examination Risk Monitoring Report
- Recent Regulatory Actions
For questions regarding this or other Firm Element courses, please contact us here. To view Quest CE’s Firm Element course catalog, click here.
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About Quest CE
For over thirty-five years, Quest CE has been a trusted provider of compliance training and tracking solutions to the financial services industry. In partnering with more than 2,400 leading insurance carriers, broker-dealers, registered investment advisors, and other financial institutions, Quest CE offers a full suite of proprietary technology solutions while delivering an unmatched level of customer service.
Through the delivery of advanced custom solutions, Quest CE honors its mission to empower financial institutions with easy-to-use technology that simplifies their compliance and continuing education programs. For more information on Quest CE, visit www.questce.com.
