---
title: "Regulation Best Interest care and profile checklist"
url: "https://ailawframework.com/precedents/financial-services-regulation/us-reg-bi-care-checklist"
type: "precedent"
site: "AI Law Framework"
id: "a28-us-reg-bi-care-checklist"
area_id: "A28"
kind: "checklist"
ai_level: "yellow"
version: 1
task_ids: ["A28-T1-R4"]
law_stated_as_at: "2026-10-22"
---

# Regulation Best Interest care and profile checklist

> Question list for the care obligation, using the investment-profile factors the rule lists. It collects what the file shows. It does not find that a recommendation was suitable or in the customer's best interest.

Canonical page: https://ailawframework.com/precedents/financial-services-regulation/us-reg-bi-care-checklist  
Law stated as at: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

- Kind: Checklist. Steps or checks to work through and tick off.
- Practice area: [Financial Services Regulation](https://ailawframework.com/precedents/financial-services-regulation.md)
- Jurisdictions: United States
- AI level: Yellow. You and the tool draft together, with you directing. You check every statement you rely on.
- Law stated as at: 2026-10-22
- Status: Maintained. Checked on 2026-10-22 against the authority it cites, for United States.

## When to use it

Use when a recommendation file is being reviewed and the question is whether the file shows a basis for the care obligation. Do not use it as a customer questionnaire that is sent out on its own.

## Used for these tasks

- [Review a sample of advice files against the best-interests steps](https://ailawframework.com/practice/financial-services-regulation/review-a-sample-of-advice-files-against-the-best-interests-steps.md)

## How AI may be used

Yellow: the lawyer compares the file with the profile factors and the three care limbs.

**AI may:**

- List each investment-profile factor the rule names, with a blank for what the file shows.
- Separate the 'at least some retail customers' question from the particular-customer question.
- Ask the series-of-transactions question only where there is a series.

**AI must not:**

- Do not score the customer or rank risk tolerance.
- Do not write a recommendation.
- Do not add profile factors and present them as required by the rule. The rule says the profile includes, but is not limited to, the listed factors.

**The lawyer checks:**

- Use the information the customer disclosed in connection with the recommendation.
- Judge reasonable diligence, care and skill. The rule states that standard and this list does not replace it.
- If costs were not in the file, say so rather than assuming a figure.

## Authorities

- [17 CFR § 240.15l-1 (Regulation Best Interest)](https://www.law.cornell.edu/cfr/text/17/240.15l-1)

## Full text and drafting notes

The full text and the drafting notes are not part of this public page. Signed-in firm accounts can read them at https://ailawframework.com/precedents/financial-services-regulation/us-reg-bi-care-checklist and through the signed-in MCP connector https://ailawframework.com/mcp/firm.

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*