Financial services regulation doesn’t lack for the occasional drama. In early June the Securities and Exchange Commission (SEC) adopted Regulation Best Interest (“Reg BI”), the Form CRS Relationship ...

One critical component of the Regulation Best Interest is the customer relationship summary form, or “Form CRS,” which provides new and existing clients with detailed information about a firm’s ...

Your financial adviser may have presented you with a new compliance form called Form CRS. This form is now being required to be sent to clients by the Securities and Exchange Commission (SEC), which ...

Form CRS is one of the latest Reg BI requirements for wealth management firms, and it’s not going anywhere anytime soon. But what are the latest updates to Form CRS, and how can firms prepare for a ...

SEC Chairman Gary Gensler, center, represents investors' best chance for a Form CRS that draws sharper contrasts between RIAs and brokers, experts said. Form CRS doesn’t work — but there’s hope under ...

Form CRS is perhaps the most contentious regulation stemming from the SEC’s advice standards package (which includes Regulation Best Interest). Now RIAs and broker-dealers alike must use one form for ...

The agency charged 21 investment advisers and six brokerages with missing delivery or posting deadlines. The customer relationship summary outlines fees, services and potential conflicts of interest ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

While state-registered advisors and firms—generally those with under $100 million in AUM—are not required by the SEC to complete a Form CRS, Oklahoma and Rhode Island have gone against the grain.

Investment advisers registered with the Securities and Exchange Commission are scrambling to put together a client relationship summary required by the agency’s investment advice reform rules that go ...