Tag: Suitability

Arbitration Brokers Compliance

Suitability – Brokers Have to be Their Own Judge

By Mark J. Astarita, Esq. seclaw.com/glossary/suitability/” data-gt-translate-attributes='[{“attribute”:”data-cmtooltip”, “format”:”html”}]’>Suitability is an often misunderstood concept in the law. To most, it means that that brokers are required to ensure that their customers invest only in securities that are “suitable” for them. This oversimplification worries many brokers who, armed with this definition, often lament that […]