Securities and Exchange Commission March 7, 2013 – Federal Register Recent Federal Regulation Documents

Duties of Brokers, Dealers, and Investment Advisers
Document Number: 2013-05222
Type: Notice
Date: 2013-03-07
Agency: Securities and Exchange Commission, Agencies and Commissions
The Securities and Exchange Commission is requesting data and other information, in particular quantitative data and economic analysis, relating to the benefits and costs that could result from various alternative approaches regarding the standards of conduct and other obligations of broker-dealers and investment advisers. We intend to use the comments and data we receive to inform our consideration of alternative standards of conduct for broker-dealers and investment advisers when providing personalized investment advice about securities to retail customers. We also will use this information to inform our consideration of potential harmonization of certain other aspects of the regulation of broker-dealers and investment advisers.