Regulation Best Interest
E1000695
Regulation Best Interest is a U.S. Securities and Exchange Commission rule that raises the standard of conduct for broker-dealers when making recommendations to retail investors, requiring them to act in the investors’ best interest and address conflicts of interest.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Regulation Best Interest canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T12737196 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Regulation Best Interest Context triple: [United States federal securities laws, includes, Regulation Best Interest]
-
A.
Regulation DD
Regulation DD is a U.S. federal regulation issued by the Federal Reserve under the Truth in Savings Act that requires depository institutions to provide clear and uniform information about interest rates and fees on deposit accounts.
-
B.
Regulation U
Regulation U is a U.S. Federal Reserve regulation that governs the amount of credit banks and other lenders may extend for the purpose of buying or carrying margin stock, helping to control the use of leverage in securities markets.
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C.
Regulation SCI
Regulation SCI is a U.S. Securities and Exchange Commission rule framework that imposes technology, operational resilience, and cybersecurity standards on key securities market participants and their critical systems.
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D.
Investment Advisers Act of 1940
The Investment Advisers Act of 1940 is a U.S. federal law that regulates investment advisers by imposing registration, fiduciary, disclosure, and anti-fraud obligations to protect investors.
-
E.
Regulation NMS
Regulation NMS is a set of U.S. Securities and Exchange Commission rules designed to modernize and strengthen the national market system for equity trading, emphasizing fair access, price transparency, and best execution across exchanges.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Regulation Best Interest Target entity description: Regulation Best Interest is a U.S. Securities and Exchange Commission rule that raises the standard of conduct for broker-dealers when making recommendations to retail investors, requiring them to act in the investors’ best interest and address conflicts of interest.
-
A.
Regulation DD
Regulation DD is a U.S. federal regulation issued by the Federal Reserve under the Truth in Savings Act that requires depository institutions to provide clear and uniform information about interest rates and fees on deposit accounts.
-
B.
Regulation U
Regulation U is a U.S. Federal Reserve regulation that governs the amount of credit banks and other lenders may extend for the purpose of buying or carrying margin stock, helping to control the use of leverage in securities markets.
-
C.
Regulation SCI
Regulation SCI is a U.S. Securities and Exchange Commission rule framework that imposes technology, operational resilience, and cybersecurity standards on key securities market participants and their critical systems.
-
D.
Investment Advisers Act of 1940
The Investment Advisers Act of 1940 is a U.S. federal law that regulates investment advisers by imposing registration, fiduciary, disclosure, and anti-fraud obligations to protect investors.
-
E.
Regulation NMS
Regulation NMS is a set of U.S. Securities and Exchange Commission rules designed to modernize and strengthen the national market system for equity trading, emphasizing fair access, price transparency, and best execution across exchanges.
- F. None of above. chosen
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
SEC rule
ⓘ
U.S. securities regulation ⓘ broker-dealer conduct standard ⓘ |
| adoptionDate | 2019-06-05 ⓘ |
| appliesTo |
account recommendations
ⓘ
associated persons of broker-dealers ⓘ broker-dealers ⓘ recommendations of investment strategies ⓘ recommendations of securities transactions ⓘ retail investor recommendations ⓘ rollover recommendations ⓘ |
| codifiedIn | 17 CFR 240.15l-1 ⓘ |
| comparedTo | suitability standard ⓘ |
| complianceDate | 2020-06-30 ⓘ |
| criticizedBy | investor advocacy groups ⓘ |
| criticizedFor | not being a full fiduciary standard ⓘ |
| doesNotApplyTo | investment advisers under the Advisers Act ⓘ |
| effectiveDate | 2019-09-10 ⓘ |
| enforcedBy |
FINRA
NERFINISHED
ⓘ
SEC Division of Enforcement NERFINISHED ⓘ |
| includesObligation |
Care Obligation
ⓘ
Compliance Obligation ⓘ Conflict of Interest Obligation ⓘ Disclosure Obligation ⓘ |
| isMoreStringentThan | FINRA suitability rule ⓘ |
| jurisdiction |
United States of America
ⓘ
surface form:
United States
|
| legalBasis | Securities Exchange Act of 1934 NERFINISHED ⓘ |
| policyArea |
financial regulation
ⓘ
investor protection ⓘ |
| purpose |
address conflicts of interest in broker-dealer recommendations
ⓘ
enhance retail investor protection ⓘ raise the standard of conduct for broker-dealers ⓘ |
| regulator |
Securities and Exchange Commission
ⓘ
surface form:
U.S. Securities and Exchange Commission
|
| relatedDocument | Form CRS Relationship Summary NERFINISHED ⓘ |
| requires |
acting in the best interest of the retail customer
ⓘ
care in making recommendations ⓘ conflict of interest elimination in certain cases ⓘ conflict of interest identification ⓘ conflict of interest mitigation ⓘ consideration of costs when making recommendations ⓘ consideration of reasonably available alternatives ⓘ disclosure of material facts about the relationship and recommendations ⓘ establishment of compliance policies and procedures ⓘ no placing of financial or other interest ahead of the retail customer ⓘ placing the retail customer’s interest ahead of the broker-dealer’s interest ⓘ written policies and procedures to achieve compliance ⓘ |
| shortName | Reg BI NERFINISHED ⓘ |
| standardOfConduct | best interest standard ⓘ |
| supportedBy | broker-dealer industry groups ⓘ |
| targetAudience | retail investors ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Regulation Best Interest Description of subject: Regulation Best Interest is a U.S. Securities and Exchange Commission rule that raises the standard of conduct for broker-dealers when making recommendations to retail investors, requiring them to act in the investors’ best interest and address conflicts of interest.
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.