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SEC staff finds B-Ds lack policies needed to comply with Reg BI

comply Reg BI

Broker-dealers are falling short in identifying and mitigating conflicts of interest, the agency said.

Some broker-dealers are failing to comply with the requirements of Regulation Best Interest, the SEC said Monday.

The Securities and Exchange Commission said recent examinations have shown that brokers are falling short in identifying and mitigating conflicts of interest, as well as in ensuring t

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