In an interview with SIFMA President and CEO Kenneth E. Bentsen, Jr. at the SIFMA Annual Meeting, Securities and Exchange Commission Chairman Jay Clayton asked whether Regulation Best Interest preserves investors' ability to make choices. "Choice in a way that provides investors the choice and protection that they deserve and expect? ... I think we have a set of rules that will really benefit investors, add transparency, add obligations and will benefit our markets," Clayton said. Bentsen voiced SIFMA's support for Reg BI and said, "It's a tough rule, and we're digging through it; a lot of work's being done on it."