The Clients’ Waiver of Their Rights Under Regulation BI of the Securities and Exchange Commission

TAMAR FRANKEL

BU Law emerita professor Tamar Frankel discusses the Securities and Exchange Commission (SEC)’s Regulation Best Interest (BI), which imposes on broker-dealers a commitment to act in the best interests of their clients. Specifically, Frankel addresses the SEC’s treatment of client waivers of the Regulation BI, which goes even further than general fiduciary law to prohibit any waiver of the broker-dealer’s conflicting interests.

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Advisory Opinion to the Attorney General re Voter Approval of Constitutional Amendments

Docket: SC19-1911

Opinion Date: February 20, 2020

Judge: Per Curiam

Areas of Law: Constitutional Law, Election Law

In this advisory opinion, the Supreme Court approved for placement on the ballot a proposed amendment entitled "Voter Approval of Constitutional Amendments," holding that the proposed amendment complies with the single-subject requirement of Fla. Const. art. XI, 3 and that the ballot title and summary comply with Fla. Stat. 101.161(1). The proposed amendment would amend sections 5 and 7 of article XI of the Florida Constitution. The Attorney General petitioned the Supreme Court for an opinion on whether the proposed amendment was valid. The Supreme approved the proposed amendment for placement on the ballot, determining (1) the proposed amendment meets the single-subject requirement; and (2) the ballot title and summary comply with section 101.161(1).