On July 9, FINRA Rules 2090 and 2111 go into effect. In Rule 2090, FINRA has defined what a member firm/registered representative must do to know their customers. In addition, Rule 2111 defines suitability when it comes to investment recommendations. For what this means for you as a practical matter, I have written the attached guidebook. http://www.foxrothschild.com/uploadedFiles/attorneys/eBook_aGuideToAnswerThatAgeOldQuestion.pdf
