Dodd-Frank.com

Dodd-Frank vs. Reality

By | January 3, 2011

Last week the SEC “was persuaded” to extend the compliance date for Dodd-Frank Act’s requirement that registered investment advisers provide their clients with brochure supplements written in plain English.  The new compliance dates vary.  The Securities Industry and Financial Markets Association and others requested the delay of the extention of the compliance date, citing “substantial logistical challenges.”  Expect more delays down the road as other compliance deadlines confront implementation realities.

Contact Tom Jensen for more information.