The group includes representatives of the Financial Industry Regulatory Authority, the Securities Industry and Financial Markets Association, the Financial Services Institute, and various broker-dealers.
Estimated reading time: 0 minutes, 20 seconds
The North American Securities Administrators Association, which consists of state securities regulators, has convened a working group to develop model disclosures that brokers can use to make information regarding fees easier for investors to understand. So reports ThinkAdvisor.
The group includes representatives of the Financial Industry Regulatory Authority, the Securities Industry and Financial Markets Association, the Financial Services Institute, and various broker-dealers.