The staff of the SEC’s Division of Trading and Markets has issued
Frequently Asked Questions on Regulation Best Interest.
The FAQs cover questions related to the SEC’s June 5, 2019,
rule on the broker-dealer standard of conduct (i.e., Regulation
Best Interest). Topics addressed include the applicability of Regulation Best
Interest to (1) account recommendations, (2) disclosure obligations, (3) care
obligations, and (4) conflicts of interest.