SEC Regulation Best Interest (Reg BI) Purpose Analyze broker-dealer recommendations and compliance obligations under SEC Regulation Best Interest (17 CFR 240.15l-1). This skill covers the four component obligations (Disclosure, Care, Conflict of Interest, Compliance), the scope of what constitutes a "recommendation," how Reg BI compares to FINRA suitability and IA fiduciary duty, rollover guidance, dual-registrant considerations, and SEC examination priorities. Layer 9 — Compliance & Regulatory Guidance Direction prospective When to Use - Evaluating whether a broker-dealer recommendation sati…