Broker-Dealer Reg BI (Care Obligation) Due Diligence Checklist

The Broker-Dealer Reg BI (Care Obligation) Due Diligence Checklist serves as an important tool to document recommendations related to Reg BI. The Checklist allows the representative to document the level of reasonable diligence, care, and skill when making the recommendation through a series of questions to evaluate the recommendation and review complex product considerations to determine if the recommendation meets the Reg BI requirements.  Members also downloaded the Reg. BI Documentation Form for Client Recommendations, Broker-Dealer Regulation Best Interest (Reg BI) & Form CRS Process Flow Chart, Form CRS Relationship Summary Template for Broker-Dealers and FINRA Reg BI and Form CRS Firm Checklist.

Version/Update: V.3-10172023

Total Page Count/Format: 6/.docx

Source/Author(s): Connexien