Sentence examples for suitability rules from inspiring English sources

The so-called suitability rules could also be extended.

Suitability rules do not now cover day traders and online investors, though formal proposals already exist to extend them.

"Licensing requirements, educational requirements, fair dealing and suitability rules — if you don't have any of those requirements, you can get into pretty serious problems," Ms. Hotchkiss said.

Another suggestion was to extend so-called suitability rules -- those requiring brokers to make sure that investments are appropriate for their customers -- to include day traders and online investors.

Besides, most states have chosen not to impose "suitability" rules on insurance sales, so regulators could not address whether the policies sold on bases are right for the young men and women who buy them, said Birny Birnbaum, a consumer representative for the National Association of Insurance Commissioners.

The authority, known as Finra, requires brokers to adhere to a suitability rule, which says that a broker must make recommendations that are suitable for customers based on their financial situation, needs and goals.

When a broker tells a client to buy or sell something, the suitability rule does not mean the broker has to be free of conflicts of interest.

Brokers are governed by the "suitability rule," which requires them to have "reasonable grounds for believing that the recommendation is suitable," according to the Financial Industry Regulatory Authority.

Currently, brokers are governed by what is known as the "suitability rule," under which they are required to have reasonable grounds for believing that an investment recommendation is suitable for a customer.

The suitability rule says nothing about the existence of a prospectus defense, and there is none.

Now in suitability cases, as contrasted with "disclosure" cases, FINRA's suitability rule applies in full even when an adequate prospectus was delivered.