Amy Lynch’s tips for advisers following new Reg BI guidance (ThinkAdvisor)

When the SEC issued new guidance on Regulation Best Interest (Reg BI) and its care obligation requirements, it was with a primary focus on broker-dealers. However, importantly, the guidance also had several key need-to-know areas of requirements for investment advisers. As an expert compliance source on the topic, FrontLine’s Founder and President Amy Lynch offers four crucial tips for advisers under their duty of care obligations that emerged from the Reg BI notice. Ms. Lynch recommends that firms take note of the four items, which are described in detail within the article. See ThinkAdvisor, “4 Advisor Tips in SEC’s New Reg BI Guidance”