Insights Document

One Year Later: Industry Perspectives on Reg BI

It has been 1 year since Reg BI came into effect. In a recent roundtable event, compliance leaders from 12 leading wealth firms discussed their progress and shared feedback on Reg BI exams, challenges in evaluating and documenting reasonably available alternatives, approaches to product shelf management, and more.

We captured several insights from this discussion that we think will help your firm navigate the complexities surrounding the implementation of this principled-based regulation. 

>> READ THE INSIGHTS NOW

 

What you'll learn

FINDINGS FROM EXAMS

Attendees share experiences from Reg BI exams and what examiners are looking for.

SHELF MANAGEMENT

Learn approaches to managing your product shelf and which products to keep and remove.

ADVISOR CHALLENGES

How to support advisors to meet compliance when evaluating and documenting reasonably available alternatives.  

POLL RESULTS

Are you ready for Reg BI exams? Find out how you compare to your peers and what their biggest gaps are.

"40% of firms have or plan to implement technology to ensure advisors follow a consistent, repeatable process for assessing reasonably available alternatives."


 —
Insight from InvestorCOM's Reg BI and DOL PTE 2020-02 Roundtable

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