SECLaw.com - The Securities Law Blog

Issues, news and commentary on the law of the financial markets

SEC Backs Temporary Advisor Exemption for Brokers

Written by Mark J. Astarita, Esq. on Wednesday, December 22, 2004

The SEC voted 5-0 today to allow stock brokers to act as investment advisors without investment advisor registration; at least until April 15, 2005.