FINRA’s Enhanced Focus on Suitability

12/11/2013 08:30 a.m. - 10:00 a.m.

Banking + Financial Services, Corporate Finance | Capital Markets, Financial Institutions + Financial Services, and Broker-Dealer Compliance + Regulation

1290 Avenue of the Americas
39th Floor
New York, NY 10104

Lloyd S. Harmetz

Lloyd S. Harmetz


Alexa Powers
(212) 336-4312

For presentation materials, click here.

FINRA has amended its suitability rules, and has provided additional guidance as to best practices. FINRA’s amendments coincide with its increased examination and enforcement interest in suitability considerations related to complex products, including structured products and private placements. In order to be prepared for FINRA’s next exam cycle and targeted sweeps, and with a view to adopting best practices, market participants have been revising their practices and procedures. To assist these efforts, we will discuss in this session the current regulations relating to suitability, and offer practical guidance for broker-dealer policies, product approvals, and product review.

New York and California CLE credit is pending.

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