A guideline stated or implied by various securities regulatory bodies which requires that brokers determine the suitability of investments for customers before making recommendations. also called Rule 405 or Know Your Customer.
Related information about Suitability Rules:
- Suitability
Feb 14, 2012 ... The major securities industry self-regulatory organizations have suitability rules. You'll find FINRA's suitability rule and links to other FINRA ...
- What is Suitability Rules? definition and meaning
Definition of Suitability Rules: A guideline stated or implied by various securities regulatory bodies which requires that brokers determine the suitability of ...
- FINRA's know-your-customer and suitability rules require brokerage ...
Jun 25, 2012 ... The suitability rule requires a member firm or registered representative to have a reasonable basis to believe when it recommends a ...
- New Finra suitability rules worry industry - InvestmentNews
Jul 5, 2012 ... On Monday, Finra rolls out its expanded suitability rules. Some advisers and attorneys say the rule is a little too expanded for their liking.
- Suitability Rules - Financial Dictionary - The Free Dictionary
Policies and guidelines that brokers must use to ensure that investors have the financial means to assume risks that they wish to undertake. These are enforced ...
- FINRA's New Suitability Rules Are Confusing for Brokers | Bettina ...
Aug 30, 2012 ... FINRA's new suitability rule took effect earlier this month. Per our prior post, the rule imposes...
- Regulatory Notice 12-25 - finra
May 12, 2012 ... risks (a factor used in both the predecessor and new suitability rules).74 FINRA stated that a broker-dealer may conclude in some cases that a ...
- FINRA's New Suitability Rules: Half a Loaf, but…
Jul 10, 2012 ... they also show that the majority of brokers today are offering investment advice far beyond what any rational observer would categorize as ...