How a North American wealth management firm accelerated their regulatory disclosures change cycle to meet compliance deadlines CUSTOMER STORYHow a North American wealth management firm accelerated their regulatory disclosures change cycle to meet compliance deadlines BACKGROUND SEC adopts the Regulation Best Interest As with all financial institutions, wealth management firms must adapt to constantly changing regulations. In June of 2019, the US Securities and Exchange Commission (SEC) adopted a new regulation specific to wealth management firms. The Regulation Best Interest requires investment advisors and broker-dealers to act in the best interest of retail customers when recommending an investment strategy or securities transaction. In addition, communications with custo

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