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If a broker - dealer is required to comply with both Reg BI and Rule 2 1 1 1 regarding a recommendation to a retail
If a brokerdealer is required to comply with both Reg BI and Rule regarding a recommendation to a retail customer, compliance with Reg BI would result in compliance with Rule Why?
A because ALL brokerdealers are required to comply with both all the time.
B Because NO brokerdealers are required to comply with both.
C Because a brokerdealer that meets the best interest standard would necessarily meet the suitability standard.
DBecause NO ONE is required to comply with both.
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