10 Key Regulation Best Interest Points, for Agents

June 12, 2019 by Allison Bell

The U.S. Securities and Exchange Commission (SEC) has tested life and annuity policy specialists’ speed reading skills by posting a final version of its Regulation Best Interest (Regulation BI) regulations.

The regulation packet — which includes the introduction to the regulation, federal regulators’ economic impact assessments, and the actual text — takes up 771 PDF file pages.

SEC members approved the text by a 3-1 vote Thursday. Regulation BI is set to take effect 60 days after its official Federal Register publication date.

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Originally Posted at ThinkAdvisor on June 11, 2019 by Allison Bell.