📄SEC Seeks Comments on Proposed Rule 204-3 for Investment Advisers
The SEC is soliciting comments on Rule 204-3, which mandates that investment advisers provide clients with brochures and updates at the start of their advisory relationship and annually thereafter. This rule aims to enhance transparency about advisers' qualifications, practices, and disciplinary history, fostering informed client decisions.
Learn More📄Insights on Municipal Securities Disclosure Compliance Requirements
The Securities and Exchange Commission announces a request for an extension on compliance measures under Rule 15c2-12, which governs municipal securities disclosures. The rule mandates Participating Underwriters obtain and review official statements and ensures issuers provide ongoing financial information. These measures aim to enhance market transparency and reduce fraud in municipal securities transactions.
Learn More