News & Insights: steven l berse
New Requirement For Registered Investment Advisers - July 10th Deadline
By Steven L. Berse | June 25, 2010
The US Securities and Exchange Commission (SEC) has amended its custody rule — Rule 206(4)-2 under the Investment Advisers Act — to help safeguard investor assets. Now it's time for certain SEC-registered investment advisers (RIAs) to start taking steps to facilitate compliance with two major new SEC requirements.