Details of their proposals will be set out in rule filings and amendments subject to SEC approval
Framework will ensure rules are better designed and minimize unnecessary burdens
Members to elect directors on Sept. 10
Association says the current structure of the self-regulatory model is widely viewed to be outdated and in need of reform
SRO considers dropping sections that give district councils the power to suspend or terminate a dealer
In its 2011-2012 annual report, the self-regulatory organization notes that some other fees will decrease
Agreement will facilitate the exchange of information, and support collaboration on investigations
Costs from a new self-regulatory organization for investment advisors could force many small firms to close
Limited oversight of compensation and governance issues
A case underway before the MFDA shows how the divvying up of regulation may compromise investors