(a) Each dealer or agent, as defined by §4001.052 or §4001.056 of the Securities Act, when making a recommendation of any securities transaction or investment strategy involving securities (including account recommendations) to a retail customer, shall act in the best interest of the retail customer at the time the recommendation is made, without placing the financial or other interests of the dealer or agent making the recommendation ahead of the interest(s) of the retail customer. The best interest obligation shall be satisfied if the dealer or agent complies with the obligations set forth in SEC Regulation Best Interest (17 CFR §240.15l-1, as amended).(b) Each dealer or agent shall also comply with any other applicable fair practice or ethical standard rule that is promulgated by FINRA, the SEC, the Commodity Futures Trading Commission (CFTC), or any self-regulatory organization approved by the SEC or the CFTC.