Recent changes to FINRA’s suitability rule may have implications for the futures industry. The futures industry has never had a suitability rule. In 1978, the U.S. Commodity Futures Trading Commission (CFTC) considered adopting one but decided against it, opting instead to impose on a Series 3 broker a robust duty to disclose the risks and…...
Suitability: At the Corner of Series 3 and Series 7
- Post published:February 7, 2014
- Post category:Compliance / Legal