NASAA’s proposal, which is now out for a 30-day comment, was introduced at its annual conference in San Juan, Puerto Rico, on Tuesday
The new voluntary model calls for disclosure of brokerage fees that includes all miscellaneous account and service fees, including account maintenance fees.
Panel to examine the evolution of investment products and how they are sold
Former general counsel brings state regulatory and private practice experience to his new role
Research finds investors are often confused about brokerage service and maintenance fees
Investors want to see improved disclosure
Training program for banking staff could be coming to Canada
Investors should question what steps firms are taking to safeguard client information
EFD designed to improve the efficiency of the regulatory filing process for certain exempt securities offerings
NASAA says the programs are Ponzi schemes sold by unlicensed individuals