diff --git a/Src/FluentAssertions/Equivalency/Execution/CollectionMemberAssertionOptionsDecorator.cs b/Src/FluentAssertions/Equivalency/Execution/CollectionMemberAssertionOptionsDecorator.cs
index 426d50959e..157f0394b1 100644
--- a/Src/FluentAssertions/Equivalency/Execution/CollectionMemberAssertionOptionsDecorator.cs
+++ b/Src/FluentAssertions/Equivalency/Execution/CollectionMemberAssertionOptionsDecorator.cs
@@ -65,7 +65,7 @@ public IEnumerable<IEquivalencyStep> UserEquivalencySteps
 
     public bool ExcludeNonBrowsableOnExpectation => inner.ExcludeNonBrowsableOnExpectation;
 
-    public bool CompareRecordsByValue => inner.CompareRecordsByValue;
+    public bool? CompareRecordsByValue => inner.CompareRecordsByValue;
 
     public EqualityStrategy GetEqualityStrategy(Type type)
     {
diff --git a/Src/FluentAssertions/Equivalency/IEquivalencyAssertionOptions.cs b/Src/FluentAssertions/Equivalency/IEquivalencyAssertionOptions.cs
index 2df309e111..01f3406002 100644
--- a/Src/FluentAssertions/Equivalency/IEquivalencyAssertionOptions.cs
+++ b/Src/FluentAssertions/Equivalency/IEquivalencyAssertionOptions.cs
@@ -88,7 +88,7 @@ public interface IEquivalencyAssertionOptions
     /// <summary>
     /// Gets a value indicating whether records should be compared by value instead of their members
     /// </summary>
-    bool CompareRecordsByValue { get; }
+    bool? CompareRecordsByValue { get; }
 
     /// <summary>
     /// Gets the currently configured tracer, or <c>null</c> if no tracing was configured.
diff --git a/Src/FluentAssertions/Equivalency/SelfReferenceEquivalencyAssertionOptions.cs b/Src/FluentAssertions/Equivalency/SelfReferenceEquivalencyAssertionOptions.cs
index d1105e5c1e..ba3b13701d 100644
--- a/Src/FluentAssertions/Equivalency/SelfReferenceEquivalencyAssertionOptions.cs
+++ b/Src/FluentAssertions/Equivalency/SelfReferenceEquivalencyAssertionOptions.cs
@@ -60,7 +60,7 @@ public abstract class SelfReferenceEquivalencyAssertionOptions<TSelf> : IEquival
     private bool ignoreNonBrowsableOnSubject;
     private bool excludeNonBrowsableOnExpectation;
 
-    private bool compareRecordsByValue;
+    private bool? compareRecordsByValue;
 
     #endregion
 
@@ -176,7 +176,7 @@ IEnumerable<IMemberSelectionRule> IEquivalencyAssertionOptions.SelectionRules
 
     bool IEquivalencyAssertionOptions.ExcludeNonBrowsableOnExpectation => excludeNonBrowsableOnExpectation;
 
-    public bool CompareRecordsByValue => compareRecordsByValue;
+    public bool? CompareRecordsByValue => compareRecordsByValue;
 
     EqualityStrategy IEquivalencyAssertionOptions.GetEqualityStrategy(Type requestedType)
     {
@@ -202,9 +202,9 @@ EqualityStrategy IEquivalencyAssertionOptions.GetEqualityStrategy(Type requested
             {
                 strategy = EqualityStrategy.ForceEquals;
             }
-            else if (type.IsRecord())
+            else if ((compareRecordsByValue.HasValue || getDefaultEqualityStrategy is null) && type.IsRecord())
             {
-                strategy = compareRecordsByValue ? EqualityStrategy.ForceEquals : EqualityStrategy.ForceMembers;
+                strategy = compareRecordsByValue is true ? EqualityStrategy.ForceEquals : EqualityStrategy.ForceMembers;
             }
             else
             {
@@ -760,7 +760,7 @@ public override string ToString()
         builder.AppendLine($"- Compare tuples by their properties");
         builder.AppendLine($"- Compare anonymous types by their properties");
 
-        if (compareRecordsByValue)
+        if (compareRecordsByValue is true)
         {
             builder.AppendLine("- Compare records by value");
         }
diff --git a/Tests/Approval.Tests/ApprovedApi/FluentAssertions/net47.verified.txt b/Tests/Approval.Tests/ApprovedApi/FluentAssertions/net47.verified.txt
index b5bb8c5428..6b925ee4d2 100644
--- a/Tests/Approval.Tests/ApprovedApi/FluentAssertions/net47.verified.txt
+++ b/Tests/Approval.Tests/ApprovedApi/FluentAssertions/net47.verified.txt
@@ -864,7 +864,7 @@ namespace FluentAssertions.Equivalency
     public interface IEquivalencyAssertionOptions
     {
         bool AllowInfiniteRecursion { get; }
-        bool CompareRecordsByValue { get; }
+        bool? CompareRecordsByValue { get; }
         FluentAssertions.Equivalency.ConversionSelector ConversionSelector { get; }
         FluentAssertions.Equivalency.CyclicReferenceHandling CyclicReferenceHandling { get; }
         FluentAssertions.Equivalency.EnumEquivalencyHandling EnumEquivalencyHandling { get; }
@@ -1027,7 +1027,7 @@ namespace FluentAssertions.Equivalency
         where TSelf : FluentAssertions.Equivalency.SelfReferenceEquivalencyAssertionOptions<TSelf>
     {
         protected SelfReferenceEquivalencyAssertionOptions(FluentAssertions.Equivalency.IEquivalencyAssertionOptions defaults) { }
-        public bool CompareRecordsByValue { get; }
+        public bool? CompareRecordsByValue { get; }
         public FluentAssertions.Equivalency.ConversionSelector ConversionSelector { get; }
         [System.Diagnostics.DebuggerBrowsable(System.Diagnostics.DebuggerBrowsableState.Never)]
         protected FluentAssertions.Equivalency.OrderingRuleCollection OrderingRules { get; }
diff --git a/Tests/Approval.Tests/ApprovedApi/FluentAssertions/net6.0.verified.txt b/Tests/Approval.Tests/ApprovedApi/FluentAssertions/net6.0.verified.txt
index 8dd2790649..5f70443868 100644
--- a/Tests/Approval.Tests/ApprovedApi/FluentAssertions/net6.0.verified.txt
+++ b/Tests/Approval.Tests/ApprovedApi/FluentAssertions/net6.0.verified.txt
@@ -877,7 +877,7 @@ namespace FluentAssertions.Equivalency
     public interface IEquivalencyAssertionOptions
     {
         bool AllowInfiniteRecursion { get; }
-        bool CompareRecordsByValue { get; }
+        bool? CompareRecordsByValue { get; }
         FluentAssertions.Equivalency.ConversionSelector ConversionSelector { get; }
         FluentAssertions.Equivalency.CyclicReferenceHandling CyclicReferenceHandling { get; }
         FluentAssertions.Equivalency.EnumEquivalencyHandling EnumEquivalencyHandling { get; }
@@ -1040,7 +1040,7 @@ namespace FluentAssertions.Equivalency
         where TSelf : FluentAssertions.Equivalency.SelfReferenceEquivalencyAssertionOptions<TSelf>
     {
         protected SelfReferenceEquivalencyAssertionOptions(FluentAssertions.Equivalency.IEquivalencyAssertionOptions defaults) { }
-        public bool CompareRecordsByValue { get; }
+        public bool? CompareRecordsByValue { get; }
         public FluentAssertions.Equivalency.ConversionSelector ConversionSelector { get; }
         [System.Diagnostics.DebuggerBrowsable(System.Diagnostics.DebuggerBrowsableState.Never)]
         protected FluentAssertions.Equivalency.OrderingRuleCollection OrderingRules { get; }
diff --git a/Tests/Approval.Tests/ApprovedApi/FluentAssertions/netcoreapp2.1.verified.txt b/Tests/Approval.Tests/ApprovedApi/FluentAssertions/netcoreapp2.1.verified.txt
index 44e2750782..6bfee8d9a2 100644
--- a/Tests/Approval.Tests/ApprovedApi/FluentAssertions/netcoreapp2.1.verified.txt
+++ b/Tests/Approval.Tests/ApprovedApi/FluentAssertions/netcoreapp2.1.verified.txt
@@ -864,7 +864,7 @@ namespace FluentAssertions.Equivalency
     public interface IEquivalencyAssertionOptions
     {
         bool AllowInfiniteRecursion { get; }
-        bool CompareRecordsByValue { get; }
+        bool? CompareRecordsByValue { get; }
         FluentAssertions.Equivalency.ConversionSelector ConversionSelector { get; }
         FluentAssertions.Equivalency.CyclicReferenceHandling CyclicReferenceHandling { get; }
         FluentAssertions.Equivalency.EnumEquivalencyHandling EnumEquivalencyHandling { get; }
@@ -1027,7 +1027,7 @@ namespace FluentAssertions.Equivalency
         where TSelf : FluentAssertions.Equivalency.SelfReferenceEquivalencyAssertionOptions<TSelf>
     {
         protected SelfReferenceEquivalencyAssertionOptions(FluentAssertions.Equivalency.IEquivalencyAssertionOptions defaults) { }
-        public bool CompareRecordsByValue { get; }
+        public bool? CompareRecordsByValue { get; }
         public FluentAssertions.Equivalency.ConversionSelector ConversionSelector { get; }
         [System.Diagnostics.DebuggerBrowsable(System.Diagnostics.DebuggerBrowsableState.Never)]
         protected FluentAssertions.Equivalency.OrderingRuleCollection OrderingRules { get; }
diff --git a/Tests/Approval.Tests/ApprovedApi/FluentAssertions/netcoreapp3.0.verified.txt b/Tests/Approval.Tests/ApprovedApi/FluentAssertions/netcoreapp3.0.verified.txt
index 1f8debcc1e..147106a2f5 100644
--- a/Tests/Approval.Tests/ApprovedApi/FluentAssertions/netcoreapp3.0.verified.txt
+++ b/Tests/Approval.Tests/ApprovedApi/FluentAssertions/netcoreapp3.0.verified.txt
@@ -864,7 +864,7 @@ namespace FluentAssertions.Equivalency
     public interface IEquivalencyAssertionOptions
     {
         bool AllowInfiniteRecursion { get; }
-        bool CompareRecordsByValue { get; }
+        bool? CompareRecordsByValue { get; }
         FluentAssertions.Equivalency.ConversionSelector ConversionSelector { get; }
         FluentAssertions.Equivalency.CyclicReferenceHandling CyclicReferenceHandling { get; }
         FluentAssertions.Equivalency.EnumEquivalencyHandling EnumEquivalencyHandling { get; }
@@ -1027,7 +1027,7 @@ namespace FluentAssertions.Equivalency
         where TSelf : FluentAssertions.Equivalency.SelfReferenceEquivalencyAssertionOptions<TSelf>
     {
         protected SelfReferenceEquivalencyAssertionOptions(FluentAssertions.Equivalency.IEquivalencyAssertionOptions defaults) { }
-        public bool CompareRecordsByValue { get; }
+        public bool? CompareRecordsByValue { get; }
         public FluentAssertions.Equivalency.ConversionSelector ConversionSelector { get; }
         [System.Diagnostics.DebuggerBrowsable(System.Diagnostics.DebuggerBrowsableState.Never)]
         protected FluentAssertions.Equivalency.OrderingRuleCollection OrderingRules { get; }
diff --git a/Tests/Approval.Tests/ApprovedApi/FluentAssertions/netstandard2.0.verified.txt b/Tests/Approval.Tests/ApprovedApi/FluentAssertions/netstandard2.0.verified.txt
index d86a70b6c6..d62701262e 100644
--- a/Tests/Approval.Tests/ApprovedApi/FluentAssertions/netstandard2.0.verified.txt
+++ b/Tests/Approval.Tests/ApprovedApi/FluentAssertions/netstandard2.0.verified.txt
@@ -857,7 +857,7 @@ namespace FluentAssertions.Equivalency
     public interface IEquivalencyAssertionOptions
     {
         bool AllowInfiniteRecursion { get; }
-        bool CompareRecordsByValue { get; }
+        bool? CompareRecordsByValue { get; }
         FluentAssertions.Equivalency.ConversionSelector ConversionSelector { get; }
         FluentAssertions.Equivalency.CyclicReferenceHandling CyclicReferenceHandling { get; }
         FluentAssertions.Equivalency.EnumEquivalencyHandling EnumEquivalencyHandling { get; }
@@ -1020,7 +1020,7 @@ namespace FluentAssertions.Equivalency
         where TSelf : FluentAssertions.Equivalency.SelfReferenceEquivalencyAssertionOptions<TSelf>
     {
         protected SelfReferenceEquivalencyAssertionOptions(FluentAssertions.Equivalency.IEquivalencyAssertionOptions defaults) { }
-        public bool CompareRecordsByValue { get; }
+        public bool? CompareRecordsByValue { get; }
         public FluentAssertions.Equivalency.ConversionSelector ConversionSelector { get; }
         [System.Diagnostics.DebuggerBrowsable(System.Diagnostics.DebuggerBrowsableState.Never)]
         protected FluentAssertions.Equivalency.OrderingRuleCollection OrderingRules { get; }
diff --git a/Tests/Approval.Tests/ApprovedApi/FluentAssertions/netstandard2.1.verified.txt b/Tests/Approval.Tests/ApprovedApi/FluentAssertions/netstandard2.1.verified.txt
index e025395e17..e7d1464292 100644
--- a/Tests/Approval.Tests/ApprovedApi/FluentAssertions/netstandard2.1.verified.txt
+++ b/Tests/Approval.Tests/ApprovedApi/FluentAssertions/netstandard2.1.verified.txt
@@ -864,7 +864,7 @@ namespace FluentAssertions.Equivalency
     public interface IEquivalencyAssertionOptions
     {
         bool AllowInfiniteRecursion { get; }
-        bool CompareRecordsByValue { get; }
+        bool? CompareRecordsByValue { get; }
         FluentAssertions.Equivalency.ConversionSelector ConversionSelector { get; }
         FluentAssertions.Equivalency.CyclicReferenceHandling CyclicReferenceHandling { get; }
         FluentAssertions.Equivalency.EnumEquivalencyHandling EnumEquivalencyHandling { get; }
@@ -1027,7 +1027,7 @@ namespace FluentAssertions.Equivalency
         where TSelf : FluentAssertions.Equivalency.SelfReferenceEquivalencyAssertionOptions<TSelf>
     {
         protected SelfReferenceEquivalencyAssertionOptions(FluentAssertions.Equivalency.IEquivalencyAssertionOptions defaults) { }
-        public bool CompareRecordsByValue { get; }
+        public bool? CompareRecordsByValue { get; }
         public FluentAssertions.Equivalency.ConversionSelector ConversionSelector { get; }
         [System.Diagnostics.DebuggerBrowsable(System.Diagnostics.DebuggerBrowsableState.Never)]
         protected FluentAssertions.Equivalency.OrderingRuleCollection OrderingRules { get; }
diff --git a/Tests/Benchmarks/UsersOfGetClosedGenericInterfaces.cs b/Tests/Benchmarks/UsersOfGetClosedGenericInterfaces.cs
index 9ae7beffdc..455e11c08e 100644
--- a/Tests/Benchmarks/UsersOfGetClosedGenericInterfaces.cs
+++ b/Tests/Benchmarks/UsersOfGetClosedGenericInterfaces.cs
@@ -72,7 +72,7 @@ private class Config : IEquivalencyAssertionOptions
 
         public bool ExcludeNonBrowsableOnExpectation => throw new NotImplementedException();
 
-        public bool CompareRecordsByValue => throw new NotImplementedException();
+        public bool? CompareRecordsByValue => throw new NotImplementedException();
 
         public ITraceWriter TraceWriter => throw new NotImplementedException();
 
diff --git a/Tests/FluentAssertions.Specs/AssertionOptionsSpecs.cs b/Tests/FluentAssertions.Specs/AssertionOptionsSpecs.cs
index 0750a73867..5e7aaf4429 100644
--- a/Tests/FluentAssertions.Specs/AssertionOptionsSpecs.cs
+++ b/Tests/FluentAssertions.Specs/AssertionOptionsSpecs.cs
@@ -127,6 +127,34 @@ internal class MyClass
         }
     }
 
+    public class When_modifying_record_settings_globally : Given_temporary_global_assertion_options
+    {
+        public When_modifying_record_settings_globally()
+        {
+            When(() =>
+            {
+                AssertionOptions.AssertEquivalencyUsing(
+                    options => options.ComparingByValue(typeof(Position)));
+            });
+        }
+
+        [Fact]
+        public void It_should_use_the_global_settings_for_comparing_records()
+        {
+            new Position(123).Should().BeEquivalentTo(new Position(123));    
+        }
+
+        private record Position
+        {
+            private readonly int value;
+
+            public Position(int value)
+            {
+                this.value = value;
+            }
+        }
+    }
+
     [Collection("AssertionOptionsSpecs")]
     public class When_assertion_doubles_should_always_allow_small_deviations :
         Given_temporary_global_assertion_options
diff --git a/docs/_pages/releases.md b/docs/_pages/releases.md
index eb74a03506..f9e118b800 100644
--- a/docs/_pages/releases.md
+++ b/docs/_pages/releases.md
@@ -18,6 +18,7 @@ sidebar:
 ### Fixes
 * Fixed `For`/`Exclude` not excluding properties in objects in a collection - [#1953](https://github.com/fluentassertions/fluentassertions/pull/1953)
 * Changed `MatchEquivalentOf` to use `CultureInfo.InvariantCulture` instead of `CultureInfo.CurrentCulture` - [#1985](https://github.com/fluentassertions/fluentassertions/pull/1985).
+* Fixes `BeEquivalentTo` not taking into account any `record` equivalency settings coming from the `AssertionOptions` - [#1984](https://github.com/fluentassertions/fluentassertions/pull/1984)
 
 ## 6.7.0