News | 05.06.19
Massachusetts One-Page Fee Disclosure Mandate Moves Closer to Reality
The Massachusetts Securities Divisions held a recent hearing on a proposed rule to require advisors to break out the fees they charge for services in a simple one-page disclosure form. The hearing took place one day before Friday's close of the comment period on the proposal, which will require advisors registered in Massachusetts to provide clients and prospects with a table of fees for services in a simple, digestible format that will enable side-by-side comparison of investment advisors.
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