When evaluating a 'reasonable range of alternative actions' under Rule 3402, an Approved Person should primarily focus on which of the following?

Question

Accepted Answer

The 'alternatives' requirement (3402(1)(i)(e)) is intended to ensure advisors don't just pick the first suitable product they see, but look for the 'best' among the firm's available options.

When evaluating a 'reasonable range of alternative actions' under Rule 3402, an Approved Person should primarily focus on which of the following?

Discussion