suitability rule

suitability rule definition - business

suitability rule

A National Association of Securities Dealers guideline that requires a brokerage firm to have reasonable grounds for believing a recommendation fits the investment needs of a client.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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