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SEC Issues New Guidance for Investment Advice Obligations
The Wagner Law Group Link to more items from this source
[Guidance Overview]
May 23, 2023

"Similar to earlier bulletins from the Staff, the [April 26 Staff Bulletin] is styled as a Q&A and focuses on compliance with firms’ and financial professionals’ care obligations when forming a reasonable belief that their investment advice and recommendations are in the retail investor’s best interest."

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