SEC staff to issue two “Risk Alerts” for further guidance.
Legislation and Rulemaking
Time for Advisers to Speak to Us in Plain English, writes WSJ’s Jason Zweig
The SEC is making financial information simpler. But it’s not yet simple enough.
Institute commends Massachusetts disclosure on fees and services as “Straight Talk”
The proposed Massachusetts Adviser Straight Talk Disclosure is a simple, direct and commonsense approach to informing adviser clients of key information. It can increase investor comprehension of fees and services.
Testimony of Tamar Frankel Before the N.J. Bureau of Securities
Testimony of Tamar Frankel, LL.M. S.J.D. Professor of Law EmeritaBoston University School of LawBefore the N.J. Bureau of Securities Re: Fiduciary Duty/Pre-Proposal on November 19, 2018
Testimony of Knut A. Rostad before the New Jersey Bureau of Securities
“Proposal Reg BI fails to explain best interest; however, it explains why conflicts can be beneficial” – Knut A. Rostad
SEC Proposed Rule(s) on broker dealer and investment adviser Standards of conduct expected on April 18
The SEC will have an open meeting on Wednesday, April 18, 2018, to vote on and release a proposed rule on conduct standards for brokers and advisers. The Institute has submitted two comment letters and met with commissioners and staff. Here is a brief on what we expect and will look for regarding a standard for brokers and title reform.
