SRP Feature (Part 4): The SEC in conflict

Richard Jory, 02 August 2018

The US Securities and Exchange Commission (SEC) proposal requires registered reps and broker-dealers, prior to or at the time of a recommendation to a retail customer, to disclose two things in writing, in itself no mean feat. As well as disclosing material facts relating to the scope and terms of the relationship and material conflicts of interest that are associated with the recommendation.

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