In the Margins

SEC to discuss advice rule for brokers

April 12, 2018

By InvestmentNews

The Securities and and Exchange Commission next week will consider a proposal to establish a new investment advice rule for brokers. The April 18 meeting will involve consideration of a three-part proposal, according to a notice posted on the SEC website Wednesday night. The five-member commission is set to vote on a disclosure document for registered investment advisers and brokers that summarizes their relationship with investors; a rule that sets a broker advice standard; and an "interpretation of the standard of conduct for investment advisers." Read the original story from InvestmentNews.

 

 

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