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.

 

 

Most Read

10 Things
10 Things...on the regulatory agenda

The Securities and Exchange Commission has been accused of "over-regulation" in recent years as it has proposed and finalized dozens of rules in a relatively short ...

10 Things
10 Things...to read in summer 2024

It's the Summer Solstice, and that means that for most of us the sun is shining, temperatures are heating up, and longer days allow for pursuits ...