SEC advice proposal unveiling: Here's what to expect
Jamie Patrick Hopkins
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.
Schoeff, Mark Jr., "SEC advice proposal unveiling: Here's what to expect" (2018). In the News. 2778.