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ANALYSIS OF NORTH AMERICAN SECURITIES ADMINISTRATORS ASSOCIATION'S (NASAA) REG BI SURVEYS

The North American Securities Administrators Association’s (NASAA) Regulation Best Interest (Reg BI) Implementation Committee (Committee) conducted two surveys with the stated purpose of measuring the impact of the U.S. Securities and Exchange Commission’s (SEC) Reg BI and level of compliance with the regulation. While any effort to measure the effect of public policy is laudable, a careful review of the Committee’s research effort uncovered significant deficiencies, including the notable ...
Greenwald Research American Securities Administrators Association Exchange Commission Regulation Best Interest Implementation Committee

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