ConceptSuitability Obligation
Suitability Obligation
A core securities regulatory regime requiring brokers, when recommending financial products, to ensure they match the client's investment objectives, risk tolerance, financial situation and investment experience. It originates from US FINRA Rule 2111.
Timeline (last 90 days)
Oct 23
The suitability obligation originates from US FINRA Rule 2111, requiring broker-dealers to ensure, when recommending financial products, that the products match the client's investment objectives, risk tolerance, financial situation and investment experience.
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