SEC’s Regulation Best Interest (Reg BI) – Lori Kamen Featured in Real Assets Advisers

SEC’s Regulation Best Interest (Reg BI) mean

SEC’s Regulation Best Interest (Reg BI) – Lori Kamen Featured in Real Assets Advisers

Concorde’s Chief Compliance Officer, Lori Kamen participated in the Real Assets Adviser Roundtable: What does the SEC’s Regulation Best Interest (Reg BI) mean — for better or worse — to the private wealth industry?

Lori Kamen, chief compliance officer, Concorde Investment Services

The regulation was 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.

Read the rest of the roundtable article on Reg BI from the September issue of Real Assets Adviser here.