Regulatory Outlook | 06.30.20
SEC Releases Updated FAQ on Form CRS
The SEC has updated its frequently asked questions guidance on Form CRS, which advisors and broker-dealers must file with the agency by Tuesday. Along with details on where to file Form CRS, the FAQ provides updates on questions related to broker-dealers as well as dual registrants. The agency states, for instance, that a registered broker-dealer with no retail investors is not required to file a Form CRS.
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