Attorney Article
Speaker Beware: FINRA’s New Suitability Rule Redefines Recommendations
Aon Advisors Solutions
Fall 2012
In the article, Janene Marasciullo (Partner-New York) analyzes the new definition of “recommendation” under FINRA Rule 2111 and compares the new definition with the definitions set forth in former NASD Rule 2310. She then discusses best practices for broker-dealers managing the risks associated with the expanded suitability obligation contained in Rule 2111.