Baseline Suitability Obligation

Cheesy Corporate Lingo CheesyCorporateLingo.com 28 March 2015

 

(1).  The absolute minimum you need to do to not get in trouble with the Feds.

 

“This sounds like it’s going to cost a lot of money to get this done.  What’s our baseline suitability obligation here?  Do we really need to have a system that works THAT good?”