SEC advice rule: Here’s what you need to know

April 23, 2018 by Greg Iacurci

The Securities and Exchange Commission has officially proposed its investment-advice rule, the first step in a long regulatory process that could fundamentally change the way broker-dealers and their representatives do business.

The proposal, published Thursday evening, includes three documents totaling 916 pages. The public will have 90 days to comment on its contents.

Click HERE to read the full story via InvestmentNews; registration required. 

Originally Posted at InvestmentNews on April 19, 2018 by Greg Iacurci.