BD- Broker-Dealer Best Execution Review Checklist

The updated Broker-Dealer Best Execution Review Checklist is a useful tool and guide when meeting the requirements for conducting regular and rigorous reviews as part of a broker-dealer’s obligation to obtain best execution when handling customer orders.  The Checklist assists broker-dealers in documenting and testing the range and quality of execution services and whether the Firm used reasonable diligence to ascertain the best market for the subject security and buy or sell in such market so that the resultant price to the customer is as favorable as possible under prevailing market conditions.  Members also downloaded the Broker-Dealer Quarterly Compliance Review Checklist.

Version/Update: V.4/June 30, 2022

Total Page Count/Format: 11/.docx

Source/Author(s): Connexien