JORDEN BURT ALERT: SEC Proposes Significant Changes to Strengthen the Advisers Act Custody Rule May 14, 2009
May 14, 2009 -- The SEC today unanimously voted to propose significant changes to strengthen the protections afforded to clients of investment advisers ("advisers") under the custody requirements of Rule 206(4)-2 under the Investment Advisers Act of 1940 (the "Rule").
To read the Client Alert, click below:
SEC Proposes Significant Changes to Strengthen Advisers Act Custody Rule
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