FINRA's New Suitability Rule-Three Months Later

October 25, 2012

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

FINRA Suitability Rules NSCP National 2012

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.

Legal Disclaimer:
No representation is made that the quality of services to be performed is greater than the quality of legal services performed by other lawyers.

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