FINRA Rule 2111 – Suitability in Broker Dealer Relationships
Being a broker dealer in today’s environment is a complicated and complex role. Included in this complexity is ensuring that your broker dealer operates with the highest ethical standards and providing the best possible considerations for your client. Having your client’s best interest at the forefront is essential. Suitability, in the context of broker dealer relationships, is a fundamental principle that ensures that investment recommendations and strategies align with the client’s specific financial situation, investment objectives, and risk tolerance. By doing this, the broker dealer helps to safeguard the client from unsuitable investments that may not match the client’s financials Read more about FINRA Rule 2111 – Suitability in Broker Dealer Relationships[…]