Join Eversheds Sutherland lawyers Clifford Kirsch, Ben Marzouk and Bria Adams for a complimentary webcast dedicated to the SEC’s new standard of conduct rules and related considerations for bank-affiliated broker-dealers (BDs) and investment advisers (IAs).
The US Securities and Exchange Commission (SEC) has adopted its comprehensive standard of conduct rules, forms and interpretations for broker-dealers and investment advisers. These new See more +
Join Eversheds Sutherland lawyers Clifford Kirsch, Ben Marzouk and Bria Adams for a complimentary webcast dedicated to the SEC’s new standard of conduct rules and related considerations for bank-affiliated broker-dealers (BDs) and investment advisers (IAs).
The US Securities and Exchange Commission (SEC) has adopted its comprehensive standard of conduct rules, forms and interpretations for broker-dealers and investment advisers. These new rules include the SEC’s Regulation Best Interest and Form CRS, both of which significantly impact the responsibilities of retail securities distributors.
This webcast focuses on the impact of these rules on bank-affiliated broker-dealers and investment advisers. In particular, as a result of the SEC’s new standard of conduct rulemaking and other fiduciary developments, we will examine:
conflict disclosures that are unique to bank-affiliated firms
sales contests, quotas, and non-cash compensation received in the bank-affiliated distribution channels
third-party compensation or “revenue sharing” received by bank-affiliated firms, and related disclosures of such payments
managing Certified Financial Planner (CFP) designations for BD registered representatives or IA supervised persons
policies and procedures that should be uniquely tailored to bank-affiliated firms. See less -
