As anticipated, this year has seen a number of fiduciary and best interest investment advice regulations advance at both the federal and state levels. Firms subject to these regulations will face challenges in dealing with rules that will impose a host of new obligations, and that may overlap and conflict with one another. Eversheds Sutherland has developed a chart that is intended to help firms take stock of the evolving framework and aid firms in putting the pieces together.
This most recent version of the chart is updated to reflect the SEC’s new Regulation Best Interest and Massachusetts’ proposed fiduciary regulation.
Please see full Chart below for more information.