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FINRA: Suitability and KYC

March 30, 2012
FINRA will host a free webinar on 4/18/12 at 1 p.m. ET., that will focus on implementation of new FINRA Rules 2111, Suitability, and 2090, Know Your Customer.  Those rules become effective 7/9/12. FINRA staff will answer commonly asked questions about the new and modified requirements - e.g., those involving recommendations of strategies (including recommendations to hold securities), the 3 main suitability obligations, information-gathering requirements, and the institutional-investor exemption. Industry panelists - from small and large firm perspectives - will share procedures and practices for complying with the requirements.  Participants may submit questions during the live, 90-minute program. For details and registration forms, go to:  [FINRA Small Firms Notice, 3/14/12] and [Registration].