Advance Notice of Proposed Rulemaking on Reconsideration of Personal Financial Data Rights Rule
SIFMA provided comments to the Consumer Financial Protection Bureau (CFPB) on the Advance Notice of Proposed Rulemaking on Reconsideration of…
SIFMA provides comments to the Securities and Exchange Commission (SEC) on a study regarding obligations of brokers, dealers, and investment advisers, Exchange Act Release No. 62577, Investment Advisers Act Release No. 3058, File No. 4-606.
The request for public comment was mandated by Section 913 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the “Dodd-Frank Act”). Throughout the legislative process and debate that preceded the enactment of the Dodd-Frank Act, SIFMA has supported the development of a clearly defined, uniform federal fiduciary standard of care for broker-dealers and investment advisers when providing personalized investment advice about securities to retail clients.
SIFMA welcomes Congress’s enactment of section 913 of the Dodd-Frank Act, which provides the basis for a strong, uniform standard of care, and the SEC’s study of the issue SIFMA details key principles that SIFMA believes should guide the development of a uniform standard of care.
SIFMA provided comments to the Consumer Financial Protection Bureau (CFPB) on the Advance Notice of Proposed Rulemaking on Reconsideration of…
SIFMA and SIFMA AMG provided comments to the U.S. Securities and Exchange Commission (SEC) requesting that the SEC take necessary…
SIFMA provided comments to the U.S. Securities and Exchange Commission (SEC) in response to the proposal by The Nasdaq Stock…