FINRA's New Suitability Rule-Three Months Later

October 25, 2012

Presentation:  2012 NSCP National Meeting, October 23, 2012, Washington Hilton

Rules that became effective on July 9, 2012.

2090 Know Your Customer (former NYSE R. 405):

(former NYSE R. 405):

Reasonable diligence, Essential facts, and Authority to act

2111 Suitability (former NASD R. 2310):

(former NASD R. 2310):

Reasonable basis,  Recommended transaction or investment strategy, Suitable, Investment Profile, and Institutional Accounts.

To read more about this topic, please see full presentation below

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