SIE practice questionmediumBest Interest
Under Regulation Best Interest (Reg BI), broker-dealers must:
- ADisclose only commission information.
- BAlways recommend the highest-yielding product.
- CRecommend securities only from affiliated companies.
- DAct in the best interest of retail customers when making recommendations.✓ Correct answer
Explanation
Why D — Act in the best interest of retail customers when making recommendations.
Reg BI requires broker-dealers to act in the best interest of clients and disclose conflicts. B, C, and D do not fulfill this obligation.
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