SEC regulations give ‘short shrift’ to potential cost for small advisors
Investment Adviser Association files petition pushing agency to make number of staff, not AUM, the deciding factor in defining a firm as 'small.'
An organization representing investment advisors is pushing the SEC to calibrate its regulations so that they don’t pose an outsize burden for small advisors.
The Investment Adviser Association has filed a petition with the SEC asking it to amend its definition of a small advisor. Currently, th
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