When clients buy a life insurance policy, many view it as a set-it-and-forget-it product that’ll be there when they need it.
And while that lends some truth in certain situations, it’s also worth noting how much lifeโand life insurance needsโcan change over time.
The Regulation Best Interest, or Reg BI, effective date was June 30, 2020. As financial professionals and advisors continue to dip their toes in the new compliance-laden waters, the question is still…
The FINRA Reg BI checklist is…encompassing to say the least. Taken effect on June 30, 2020, the new FINRA Reg BI standard – along with Form CRS – outline what broker-dealers (BDs)…