The new US Securities and Exchange Commission’s (SEC) Regulation Best Interest (Reg BI), which passed its comment period in August 2018 and is back before the regulator for consideration, will present ‘new and significant challenges’ to those firms active in the US broker-dealer cross-border private wealth industry segment. According to a white paper released by law firm Jones Day, Reg BI which is a required offshoot of the Dodd-Frank Act and are meant to replace the Departmen