SEC: Study of B-D and adviser standards under way
The SEC is working on its study of broker-dealers and investment advisers who provide investment advice to retail investors
The SEC is working on its study of broker-dealers and investment advisers who provide investment advice to retail investors. As required under the Dodd-Frank Act, the agency is studying issues related to the effectiveness of existing standards of care for broker-dealers and investment advisers and whether there are gaps, shortcomings or overlaps in the existing legal and regulatory standards. The SEC report is scheduled to be completed in January. For more information and a look at the roughly 3,000 comments submitted, click here.
Learn more about reprints and licensing for this article.
