Communicating Investment Information: Rapid Fire

What this video covers

• The three separate disclosure duties riding on a single recommendation and why dropping even one is fatal
• Why an accurately quoted target yield still violates the fair-and-balanced standard when its matching material risk is omitted
• The distinction between the Securities Act antifraud provision protecting the purchaser and the Securities Exchange Act's general antifraud rule covering the purchase or sale
• Why intent to defraud is not required for a content-standard violation yet the same gap can separately trigger antifraud liability
• The timing and form of Regulation Best Interest disclosures: written, full and fair, delivered before or at the time of the recommendation
• Why delivering the Client Relationship Summary (Form CRS) never satisfies the Regulation Best Interest disclosure obligation
• What a bona fide regular customer is, their right to inspect or receive the firm's most recent balance sheet, and why electronic delivery requires prior consent