SEC ADVERTISING AND CASH SOLICITATION PROPOSALS: OVERVIEW -
- On November 4, 2019, the SEC proposed amendments to modernize rules addressing investment adviser advertisements and payments to solicitors
- In proposing amendments, the SEC recognized:
- Changes in technology and social media
- Expectations of investors seeking advisory services
- Evolution of industry practices
- Comments due 60 days following publication in the Federal Register
Please see full publication below for more information.