The Federal Regulation, Self-Regulation and Supervisory Practices, and State Regulation and Legislation Committees of the Securities Industry Association (SIA)* provide comments to the Mississippi Securities Division on a draft policy statement, Dishonest or Unethical Sales Practices in Connection with Customer Suitability.  SIA believes the draft’s substantive requirements would cause substantial changes to existing law that are unworkable in many respects.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.