In the News

Title

SEC advice proposal unveiling: Here's what to expect

Document Type

Article

Publication Date

4-17-2018

Abstract

After many years of study and internal debate, the Securities and Exchange Commission is set to make a momentous advance Wednesday in setting investment advice standards.

The five-member SEC is scheduled to vote Wednesday afternoon on whether to propose a rule package consisting of 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.

Share

COinS