Conflicts of Interest - Disclosure and Management

What this video covers

• Why not every conflict is prohibited, and when disclosure and management replaces automatic disqualification
• How Regulation Best Interest (Reg BI) applies to broker-dealers and agents, including the before-the-recommendation timing and the reasonably-available-alternatives limitation
• Why the investment adviser (IA) fiduciary standard demands stricter written disclosure before any advice is rendered, not at or after the recommendation
• The exact dual compensation trap: fee-plus-commission arrangements that must be disclosed in writing before advice, even if total compensation is reasonable
• How control relationship disclosure works for broker-dealers: oral before the transaction, then written at or before completion
• When a federal covered adviser escapes state conduct standards entirely, except for fraudulent or deceptive conduct
• Why delivering written disclosure satisfies the IA rule, but client signature, initials, or written acknowledgment do not
• Undisclosed third-party reports, misrepresentation, and other IA-specific prohibitions that exist independently from suitability analysis