10 Jan 2025
📈SEC Rule 3a-4
Submission for OMB Review; Comment Request; Extension: Rule 3a-4
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The text outlines compliance and regulatory requirements under Rule 3a-4 for investment advisory programs, which directly impacts how business owners must manage client accounts and disclosures. These regulations influence operational practices and labor hours required for compliance, with significant administrative burdens estimated.